Looking for an easy way to access your home's equity?
I'm here to help you figure how to do this
More often then not we think that the only way to access our homes equity is by selling. One of the quickest and easiest ways for us to use the equity in our home is through a home equity line of credit. This can be set up two different ways:
First, provided that you have a 20% down payment of greater at the time of purchase, I can arrange for your mortgage lender to set up the home equity line of credit along with your standard mortgage. In this scenario, as you pay down the fixed portion of your mortgage this available equity would move onto your line of credit.
Second, once you have 20% equity in your home or greater, we can refinance your exisitng mortgage to include a new home equity line of credit. We could also look at leaving your exisiting mortgage as is, and adding the home equity line of credit as a second mortgage. The main benefit of working with me is we’ll brainstorm the options together to see what will save you the most money and make the most sense for your family.