Home Equity Loans

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If you need some extra cash for a major expense you may need to look into home equity loans. Home equity is based in part on how much principal you’ve paid on your mortgage so when you take out a home equity loan your home is used as collateral for the amount borrowed. As such it’s not free…

Home Equity

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As you pay off your mortgage you will build home equity. This is the real value of your property and can be used to take out a home equity loan later on. These home equity loans are useful when used responsibly and are another benefit to home ownership. CM

Home Appraisal

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When owning a home it’s important to know the market value of your property. That’s where a home appraisal comes in. An appraisal will help you determine home equity and help you apply for a home equity loan should the need arise. CM