How can you access the equity in your home and should you?
This week we welcome back our Go To Mortgage Lender! He’s here to explain the various types of ways to access the equity you may have built in your home. A HELOC loan – or Home Equity Line of Credit – is a line of credit secured by your home that gives you a revolving credit line to use for large expenses.
Over the past 5 years, the average American has gained $48,000 in equity in their home and is even greater in the City of Atlanta. Using this equity is a great way to renovate or make improvements on your home, but there is some risk attached.
Want to learn more about home equity lines of credit and whether one might be right for you? Contact us today at hello@justinlandisgroup.com.