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Using Your Home Equity for Other Goals Atlanta GA

Your home equity is the current value of your home less what you still owe on it. For example, if your home is valued at $250,000 and your outstanding mortgage is $120,000, your equity is $130,000. The equity you have built in your home can be a valuable source of financing. You can borrow against it to pay for your child's tuition, purchase an investment portfolio, pay for large-scale home renovations, or buy an income property. In some instances, the interest may even ...

Local Companies

1st American Capital LLC
(404) 588-5500
191 Peachtree St Ne
Atlanta, GA
1st Metropolitan Mortgage
(678) 237-4000
1465 Northside Dr Nw
Atlanta, GA
Lenox Financial Mortgage
404-601-1610
3525 Piedmont Rd. NE
Atlanta, GA
Capitol City Bank & Trust Company
(404) 752-6067
562 Lee St SW
Atlanta, GA
AmeriSave Mortgage Corporation
1-866-325-0066
3350 Peachtree Road
Atlanta, GA
Countrywide Mortgage Corporation
770-414-6600
100 Colony Square, 1175 Peachtree St.
Atlanta, GA
Ascent Home Loans
404-519-5383
55 Leslie St SE
Atlanta, GA
A New Beginning Mortgage Relief
(404) 355-9399
2206 Noble Creek Dr Nw
Atlanta, GA
Wachovia Mortgage Corporation
(770) 420-0160
3351 Riverwood Pkwy
Atlanta, GA
Aasent Mortgage Corp
(770) 988-8898
6190 Powers Ferry Rd Nw
Atlanta, GA

Your home equity is the current value of your home less what you still owe on it. For example, if your home is valued at $250,000 and your outstanding mortgage is $120,000, your equity is $130,000.

The equity you have built in your home can be a valuable source of financing. You can borrow against it to pay for your child’s tuition, purchase an investment portfolio, pay for large-scale home renovations, or buy an income property. In some instances, the interest may even be tax-deductible.

Your tax advisor and mortgage specialist can help you decide whether it makes financial sense to tap into your home’s equity.

This article was provided by ScotiaBank. Let us help you get the upper hand on your home financing. Visit scotiabank.com/upperhand for great tips, calculators and more. Want to get more information on your home-related financing goals by email? Sign up here.

Read article at HomeRenovationGuide.com

Featured Local Company

1st American Capital LLC

(404) 588-5500
191 Peachtree St Ne
Atlanta, GA
Read more about Using Your Home Equity for Other Goals

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Related Local Event
2Nd Annual Real Estate Industry Day
Dates: 9/18/2009 - 9/18/2009
Location: Holiday Inn Decatur
Decatur, GA
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