Mortgage Refinancing Reasons: Home Equity

February 13, 2013/Tip of the week

Over recent years in the property market houses have appreciated at a significant rate. eg. a home you bought for $300,000 five years ago, might now be worth $500,000. Refinancing your mortgage with a home equity loan might let you tap into that extra $200,000 equity to help with the purchase of an investment property.

For all your lending needs please don’t hesitate to contact me.

Regards,

Daniel Hustwaite

0408 985 611