Tag: use your equity

  • Refinancing Your Mortgage. A Guide.

    Lets take the complexity out of the word EQUITY. Many times people need access to their equity. This is called a refinance. You are changing the title to the home. A refinance is a change in the amount owed. You are paying off your existing mortgage and obtaining a new higher amount. Firstly, with this…

  • Quick Read On Secured Lines Of Credit a.k.a HELOCs

    Quick Read On Secured Lines Of Credit a.k.a HELOCs

    So, you have made a decision to access some equity in your home. It truly depends on what you choose to use this equity for. A car, a boat, debt, something else entirely. What can be said is that there are some simple things to avoid while trying to obtain this line of credit attached…