Learning Center – Refinance




I want to get cash out of my property.

If you have built some solid equity in your home, a home equity loan lets you exchange a part of this equity for cash. A lot of people use this cash loan to:
• Make home repairs,
• Pay off high interest credit cards,
• Pay for college tuition, and
• Create a cash cushion
It’s really up to you. However you decide to use your home equity money, you can usually deduct the interest. Home equity loans are also a good option if you face high medical bills or some other emergency.