Call: (251) 625-0444 /  NMLS 193181
Alabama Purchase, Refinance, and Reverse Mortgages


The New Tax Law and HELOCs

The New Tax Law on HELOCs from Southchase Mortgage 12/29/17

Starting in 2018, interest on Home Equity Lines of Credit (HELOC) will no longer be tax deductible. If you would like a quote to combine your home equity line of credit with your first mortgage give us a call. We can even customize the term of the new mortgage to match the remaining years you have now, from 8 to 30 years.

Have a safe, Happy New Year!

Danny Phillips

Penny Phillips, CRMS NMLS# 204553

Certified Residential Mortgage Specialist

Certified Military Housing Specialist

Southchase Mortgage NMLS# 193181


Conventional, Jumbo, VA, FHA, USDA, Commercial, Reverse

Purchase or Refinance