Some say my home is my savings program. The regular repayment plan you have arranged with your lender helps build your equity. Remember this equity is yours and when required it can be your best friend.
Unplanned Life Events including: loss of job, children’s education, divorce, disability and death of a spouse can result in the highest levels of stress and your equity can help.
Planned Life Events including: retirement, vacations, weddings, purchase of a vacation home, income property, boat, RV and much more can create a need for for additional monies. With mortgage rates lower than ever it often makes sense to refinance with your home versus other seller financing options.
Be sure to call us at 613-341-7365.