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Could I Utilize my Home Equity to get Another Home?

Could I Utilize my Home Equity to get Another Home?

See Mortgage Speed Quotes for Your Home

By pressing “See Rates” you’ll be directed to the parent that is ultimate company LendingTree. Centered on your creditworthiness you might be matched with as much as five different loan providers.

Yes, you should use your equity in one home to acquire another home, and there are lots of advantageous assets to doing this.

House equity is a low-cost, convenient solution to fund investment house acquisitions. It may make sense to use the equity in your primary home toward the down payment on an investment home if you reside in a well balanced market and tend to be thinking about investing in a leasing home. Continue reading “Could I Utilize my Home Equity to get Another Home?”

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