Equity is the difference between what your home’s worth and what you still owe on your home loan.
You can use your equity a number of ways...
- For example, you can use the equity in your home as a low cost source of funds to purchase a car, pay for a holiday or to fund renovations.
- You can even use it to build your wealth by using it as a deposit for an investment property.
The best part of all of this is the income you earn from the investment property can go towards repaying your loan.
So how do you unlock the equity in your home?
If you've had your mortgage for a while and property values in your suburb have grown over the last few years... there's is a good chance you've accumulated some equity in your home you can put to work to grow your wealth.
How to get started
To find out how much equity you're sitting on and what your options are... Call Daniel Eigenmann, of Mortgage Choice in Subiaco (Perth), on (08) 6355 6834, for a no-obligation initial discussion.
You can also email Daniel on firstname.lastname@example.org
Remember, our local and expert home loan advice is at no cost to you.
Find out how much equity you’ve accumulated and how you could access it to grow your wealth. Call Daniel today.
If you want to find out if you could benefit from switching home loans (i.e. refinance) - take advantage of our Free 15-minute Home Loan Health Check service...
Mortgage Choice Subiaco, Perth - 2/33 Rokeby Road, Subiaco WA 6008 - Tel: (08) 6355 6834 - Mobile: 0412 022 110 - Email: email@example.com