Using Your Home Equity for Other Goals Green Bay WI

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

LANDMARK MORTGAGE LENDING
920-391-4234
PO Box 8153
Green Bay, WI
LANDMARK MORTGAGE LENDING
920-391-4234
PO BOX 8153
GREEN BAY, WI
Quality Mortgage
(920) 965-1968
1390 Orlando Dr
Green Bay, WI
U S Bank Home Mortgage
(920) 436-5520
1950 S Webster Ave
Green Bay, WI
GMAC Mortgage
(920) 469-2091
745 Ontario Rd
Green Bay, WI
Fox Valley Mortgage Inc
(920) 437-1234
Green Bay, WI
Associated Bank
(920) 406-2060
2534A Steffens Ct
Green Bay, WI
Patriot Mortgage Services Llc
(920) 965-0700
1241 Lombardi Access Rd Ste G
Green Bay, WI
Innovative Mortgage Solutions
(920) 465-1795
2531 Johnny Ln
Green Bay, WI
U S Bank Home Mortgage
(920) 432-5080
225 S Monroe Ave
Green Bay, WI

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

LANDMARK MORTGAGE LENDING

920-391-4234
PO Box 8153
Green Bay, WI
www.landmarkmort.com

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