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Using Your Home Equity for Other Goals Conyers 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 Commitment Mortgage Services, Inc.
678-205-0506
8200 Mall Parkway
Lithonia, GA

Allied Home Mortgage Capital Corp.
770-939-7075
2179 Northlake Pkwy
Tucker, GA

Ascent Home Loans
404-519-5383
55 Leslie St SE
Atlanta, GA

M & M Processing
(678) 750-0786
1015 Milstead Ave NE
Conyers, GA

Trinity Mortgage & Financial Group Llc
(770) 922-3992
1540 Highway 138 SE
Conyers, GA

Wall Street Mortgage Brokers
(770) 785-9955
2440 Wall St SE
Conyers, GA

Brown Wealth Management Llc
(770) 918-0702
931 Commercial St NE
Conyers, GA

Regional Financial Mortgage
(770) 918-9998
1202 Dover Pl SE
Conyers, GA

American General Financial Services
(770) 929-8510
1895 Highway 20 SE
Conyers, GA

United Community Bank
(770) 785-7880
1000 Highway 138 SE
Conyers, 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 Commitment Mortgage Services, Inc.

678-205-0506
8200 Mall Parkway
Lithonia, GA
www.1stcommitmentmortgage.com

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Related Local Event

2Nd Annual Real Estate Industry Day
Dates: 9/18/2009 - 9/18/2009
Location: Holiday Inn Decatur
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Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History