Financing Your Home

Financing Your Home

Home Equity: How to Use It

What is home equity? Simple. It’s the difference between the market value of your home and what you owe on it. So if you owe $350,000 on your mortgage and the market value is now $500,000 you have $150,000 in equity. Let’s look at the different ways you can use your home’s equity. Refinance: In […]

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Financing Your Home Home Equity: How to Use It What is home equity? Simple. It’s the difference between the market value of your home and what you owe on it. So if you owe $350,000 on your mortgage and the market value is now $500,000 you have $150,000 in equity. Let’s look at the different ways you can use your home’s equity. Refinance: In […]

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