Turn Home Equity Into Cash
Home Improvements
Home Equity
- As of September 2023 the average homeowner gained approximately $20,000 in home equity just in the last 12 months
- Nearly 40% of homes are owned with no mortgage
- Adds up to Americans having nearly $30 trillion in equity
How Can Your Home’s Equity Help You Today?
- You could potentially use your home’s equity to make the renovation you’ve always wanted, or to pay off high rate credit card debt to save monthly and long term.
Pay Off Credit Cards
Credit Card Debt
- Over half of Americans (53%) have reached their credit card limit at some point, and 29% admit that they max out their credit card every month.
- The average credit card interest rate is 22.76% for new offer and 21.19% for existing accounts.
- If one owes $20,000 in Credit Card debt and pays $400/mo, it will take nearly 8 years to pay off the debt and the interest paid will be over $17000 – almost as much as the debt
There is Another Option
You could potentially use the equity in your home to pay much lower interest on debt, saving money monthly and over the long term.
Make Sense To Refinance?
Let’s Find Out.
- Spend less than 1 minute to share basic information about your goals.
- We will contact you within 24 hours with your options at no charge to you.
