Equity Takeout

Leverage your equity.

 

Free Up Your Cash Flow

Equity takeout loan allow you to access funds without having to sell your property or take out a personal loan (which usually have higher interest rates). If you own property, the payments you have made toward principal as well as the appreciation of your property value means that you will have accumulated equity. You can then leverage this value with an equity takeout to turn it into liquid funds as a short term solution for your financial needs.

 
 

 
 

What You Can Do With Equity Takeout Funds

  • Pay off high credit card debt

  • Capital to put into your business

  • Pay for your child’s education

  • Emergency funds

  • Investments

Get liquid funds now ▸

 
 

 
 

Frequently Asked Questions

 

What is the equity takeout amount that I can qualify for?

You should be able to qualify for 75% of your home equity.


How is home equity calculated?

Home equity is the difference between the property’s current market value and the amount owed on the mortgage. For example:

$500,000 (home value) – $400,000 (outstanding mortgage) = $100,000 (home equity)


Who pays for the appraisal of the house?

In most cases the borrower will be paying for the appraisal.