There are many reasons to tap into home equity. What’s yours?
Your home equity can be a valuable financial resource, enabling you to access credit at rates that are generally lower than other forms of borrowing. Some popular reasons to refinance include:
- Home renovations
- Second properties
- Debt consolidation
- Unexpected expenses
- New business/Self employment
- Retirement planning i.e. supplement income, freedom to travel, home care, pay for ongoing bills like property taxes
- Create a financial buffer for future needs
To see if unlocking some of your home equity works for you, contact us for a free review of your current situation and future goals. We can advise how much equity you can leverage, and what your monthly payments would be. You may be surprised at the power of your home equity.