Home Equity

It’s the difference between the value of your home and the amount you have remaining on your mortgage. And it’s one of the most powerful tools you have to improve not only your mortgage, but your overall financial situation as well.

  • Home Improvements

  • Consolidate High Interest Credit Card Debt

  • Pay off Personal Loans

  • Eliminate Collections

  • Get rid of Medical Bills

  • Satisfy IRS Tax Debts

  • Get cash for a Big Purchase

Did you know?

Home-Equity Wealth Increase in 2017 Was Largest in Four Years

There’s plenty of evidence that the economy, especially the housing market, has substantially recovered from its downturn a decade ago. But there’s one piece of evidence you may have missed—and it’s particularly crucial if you’re considering a home equity loan:

  • During 2017, the Home Price Index rose by more than 6 percent, the largest increase since 2013.
  • Tappable mortgage equity hit an all-time high of $5.5 trillion dollars in the third quarter of 2017.

This means more than 80% of borrowers now have equity available.

With equity continuing to rise there’s never been a better time for you to reap the benefits of a home equity loan.

Why are more people choosing Refi.com?

  1. Interest rates are still near half  their historical averages.
  2. Not acting now could cost you tens of thousands of dollars in savings on your home equity loan.
  3. Refi.com lets you know if you’re eligible in 2-5 minutes with Social Security Number or other personal information required.

As tappable equity increases, so will interest rates