Sentences with phrase «of available equity»

The amount of money you can obtain will be determined by the amount of available equity on your home.

You can not borrow an amount that is more than 90 % of the available equity in the property.

In fact, there is simply no lack of available equity capital these days for good real estate deals.

When the estimate is too low, you are not able to take advantage of all available equity.

If you're taking out a home equity line of credit, the amount of available equity you have in your home plays an important role.

You're also limited to borrowing no more than 60 percent of your available equity during the first year of the reverse mortgage, either as a lump sum or spread out into multiple payments.

So, using the same numbers above, with a 125 % LTV, you would have $ 225,000 worth of available equity.

«We're in the beginning of the middle inning,» said Blank, who believes housing is on a strongly paved road to recovery, with sellers currently positioned better than buyers, and plenty of available equity capital.

The lender of your home improvement loan will take into consideration the amount of available equity in your home as well as your current income and other financial obligations when deciding to approve you for your home improvement loan.

«While we are certainly happy with this increase, our goal is to steadily grow foreign direct investment in our syndications to 20 percent of the available equity,» he says.

The most common financial tool that uses equity as collateral is the home equity line of credit that provides high credit limits (it depends on the amount of available equity) and low variable interest rates.

In the example, $ 100,000 minus $ 20,000 equals $ 80,000 of available equity.

Developers of affordable seniors housing face growing difficulties as the amount of available equity is set to decline and competition for other funds intensifies.

«With rising home prices increasing the amount of available equity, and rising mortgage rates making a new purchase less attractive, homeowners are increasingly choosing to remain in and remodel their homes,» said Robert Walker CMB, CMT Vice President of Sales at Veros.