Are you thinking about how you might use the equity you've built in your home? Some suggestions might be to re-invest in your long-term goals & dreams, renovate, or maybe to consolidate debt?
Ryan is here to help guide you through the various options to leverage the equity that you've created in your home.
But first you'll need to calculate how much equity you have in your home. Meaning, the fair market value for which your home could be sold today, less any debts against the property, such as mortgages and secured credit lines.
Here is a basic calculation to help you determine your amount of equity:
Current market value - All mortgage/HELOC debt = Available Equity
You may qualify to refinance up to 80% of the current value of your home.
I'd be happy to review all the options available to you and help you consider the questions. Once we get the answers it's easy to help you determine the right strategy for you. Call me today to get started.