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Glossary
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Home equity is the difference between the market value of your home and what you owe on your mortgage.

Today, the equity you currently have in your home is a value that can be used to meet a variety of your financial needs such as:

  • Home improvements and renovations - such as adding a room, building a swimming pool, etc.

  • Debt consolidation - paying off high-interest credit card debts

  • Educational funding

  • Purchases - such as a new/used car, boat, etc.

  • Dream vacation

  • Cash for what you like

In many cases, there are also tax deduction benefits in securing a home equity loan. Our Home Loan Consultants can help assess your individual needs and analyze a variety of home equity loan options for you to help you make the best decision based on your situation.

 
Real Estate Broker, License #01064915.
Licensed by CA Department of Real Estate phone 916-227-0931
member: American Mortgage Securities Exchange, Inc.