Equity
Paying down your mortgage or seeing your home’s value rise means you may have built up valuable equity. Explore how to put that equity to work, whether for home improvements, debt consolidation, or extra cash for life’s big moments. Check out your options below.
Ways to Use Your Home Equity
Explore flexible ways to use your home equity to consolidate debt, fund home improvements, or access extra cash when you need it most.
Debt Consolidation
Feeling overwhelmed by multiple payments? Use the equity in your home to consolidate debt and turn several payments into one manageable monthly payment.
Second Mortgage
Planning a major renovation or need additional funds? A second mortgage allows you to unlock your home’s equity and access the cash you need.
HELOC (Home Equity Line of Credit)
Need flexibility? A HELOC lets you borrow against your home’s equity and access funds when needed, making it ideal for ongoing expenses or projects.
Reverse Mortgage
If you’re 55+ and looking to access your home’s equity, a reverse mortgage can provide tax-free cash while allowing you to stay in your home.