Sentences with phrase «about borrowing against their homes»

After the mortgage downturn in the late 2000s, homeowners became ultra-conservative about borrowing against their homes.

Not exact matches

There is a ton of debate about this, but borrowing against the equity of your home is an option that is available to you during retirement.

The loan itself will typically be unsecured if you are borrowing less than # 5,000 or secured against your home if you want to borrow a larger amount (this is why you should always speak to your mortgage company about remortgaging first, as it is often a cheaper alternative).

If you think that borrowing against your available home equity could be a good financial option for you, talk with your lender about cash - out refinancing and home equity lines of credit.Footnote 1 Based on your personal situation and financial needs, your lender can provide the information you need to help you choose the best option for your specific financial situation.

If you think that borrowing against your available home equity could be a good financial option for you, talk with your lender about cash - out refinancing and home equity lines of credit.

If you're thinking about refinancing your home or borrowing against the equity in your home, it's a good idea to review your amortization schedule.

Millennials were even more emphatic about the emotional side of homeownership: 93 percent favor a home for «more space for my family,» while only 75 perent view it as «financial security to borrow against.»