Home Equity

Unlock the Monetary Value of Your Home Equity

The situations when we need money are common in our life. If you have a home, even owing something on the mortgage, you may consider covering certain costs, like college for a child or repairs in the house, through home’s equity. Though it’s in no way a direct currency, there are certain ways for the homeowners to unlock the monetary value of their property. Such financial options are secured by the home equity, the difference between what your house in fact costs and what is owed by the mortgage.

Home equity management can be realized in several ways –

Cash-Out Refinancing, A Home Equity Loan, A Home Equity Line of Credit (HELOC).

Keep in mind that the extended term of loan may lead to the increased interest payment over the whole loan period and higher total costs.

Why Personal Money Service

Keep in mind that using your home as a collateral, you secure the means borrowed with your property and to go for such a risk you should be 100% sure the lender is trustworthy. Personal Money Service cooperates only with the reliable companies, operating in the market, so we can guarantee our clients perfect service on the part of our partners. You will definitely appreciate our online application process, which requires little hassle and effort on your part as a client.

You should only fill in the simple online application form with certain personal and financial details, like name, date of birth, contact information, credit score and the status of your homeownership. As soon as you application is submitted it will be reviewed by out cooperating partners. The ones meeting your requirements will soon contact you directly with their offers.The solutions offered here to tap into the equity of the property are potentially great.

Just decide which option meets your needs and financial situation best and proceed with the application!