As a homeowner, you can use your home's equity as a borrowing tool and leverage the value you've built through years of mortgage payments. (rbfcu.org)
Most homebuyers put up a significant down payment just to get in the door, with the first few years of mortgage payments comprised primarily of interest on the loan. (nar.realtor)
Keep in mind that by refinancing, you may add years of mortgage payments. (freedomdebtrelief.com)