We can also provide cash - out refinance solutions for condo owners
with substantial equity in their homes.
Borrowers
with substantial equity in their home may be eligible to receive additional funds after paying off their mortgage.
The FHA Refinance program is designed to provide an FHA alternative to the commercial products currently being offered to homeowners
with substantial equity in their homes.
Borrowers
with substantial equity in their home may be eligible to receive additional funds after paying off their mortgage.
Not exact matches
If you've retained a sizeable chunk of your
home equity, you might be able to use the proceeds of selling the family
home to help afford the often
substantial costs of a retirement
home (for seniors who need a little help
with activities of daily living) or a nursing
home (called «residential care»
in B.C. and «long - term care»
in Ontario, for seniors who need a lot of help).
The homeowner provides
equity in the new
home with a
substantial down payment from the sale of the current
home or from other cash assets.
If you own a
home with substantial equity, a cash - out refinance could allow you to access the
equity in your
home to pay for your educational expenses.
Have A Financial Backup Plan — Many senior homeowners
with a
substantial amount of
equity often fail to consider the
equity in their
home as a source of money for unexpected expenses, like
home repairs, or medical bills.
Many senior homeowners
with a
substantial amount of
equity often fail to consider the
equity in their
home as a source of money for unexpected expenses, like
home repairs.