Another would include ways of bringing in extra income should you need it, such as taking a part - time job (sites like RetiredBrains.com and RetirementJobs.com can help) or
tapping your home equity via a downsizing or reverse mortgage.
«Over 80 percent of all mortgage holders now have available
equity to
tap via first - lien cash - out refinance or
home equity line of credit,» Black Knight reported.
Prepared by the Brondesbury Group last month, the study also found that when homeowners were given five ways to extract
equity from a home — via downsizing, selling then renting or tapping a Home Equity Line of Credit — 41 % were unwilling to
equity from a
home — via downsizing, selling then renting or tapping a Home Equity Line of Credit — 41 % were unwilling to do
home —
via downsizing, selling then renting or
tapping a
Home Equity Line of Credit — 41 % were unwilling to do
Home Equity Line of Credit — 41 % were unwilling to
Equity Line of Credit — 41 % were unwilling to do so.