Using Your Home Equity for Other Goals Oshkosh 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

A A A Mortgage Corp
(920) 233-1900
Oshkosh, WI
Fox Communities Credit Union
(920) 236-2907
Oshkosh, WI
First National Bank-Fox Valley Mortgage Loan Dept
(920) 426-6224
400 N Koeller St
Oshkosh, WI
Citizensfirst Credit Union
(920) 832-2125
Oshkosh, WI
Lang Real Estate Group Llc
(920) 232-0223
4728 Gray Wolf Dr
Oshkosh, WI
First National Bank-Fox Valley
(920) 426-6224
Oshkosh, WI
Money Line Mortgage
(920) 230-2200
2065 S Washburn St
Oshkosh, WI
Anchorbank
(920) 236-3884
1492 W South Park Ave
Oshkosh, WI
Wells Fargo Reverse Mortgage
(920) 426-1368
345 Saratoga Ave
Oshkosh, WI
Fox Mortgage Llc
(920) 232-3737
Oshkosh, 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

GSF Mortgage

920-378-0002
300 Patriot drive
Little Chute, WI
www.nomoneydowninfo.com


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