Cash-Out Refinance, Home Equity Loan and HELOC
One of the advantages of homeownership is the equity in your home. The equity you build in your home functions as a forced savings account that you can eventually tap into. Maybe you’re ready to take advantage of your home’s equity. There are a number of ways you can utilize the equity in your home, including a cash-out refinance loan, home equity loan, and home equity line of credit (HELOC). The method you choose depends on your financial needs and goals and how you want to utilize your home equity.
