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Cash Out Loan FAQs

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Cash Out Loans

Q: I am trying to decide if I should use my HELOC to purchase my plane or take out an airplane loan. Can you give me your opinion on this?
A: The advantage of an airplane loan is that it keeps your home equity available for future expenditures such as home improvement, investment opportunities, emergencies or vacation. While it is possible to obtain a cash out loan for an airplane, it is not always the easiest or quickest process and most lenders will only agree to a cash out loan if the proceeds are used towards improving the plane.
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Q: Want to information on the phone about an aircraft refinance cash out loan asap. Thank you
A: Janis, please call Vicki at 888-707-3633 ext 116 for information on a cash out aircraft loan. Thanks
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