Refinancing and Equity Explained

Your home is more than just a roof over your head. It’s an investment to grow financial security for your future!

And as a homeowner, you may find yourself wondering about the equity you’ve built or the possibility of refinancing your mortgage.

Our ongoing series on equity and refinancing will help you navigate the ins and outs of your financial investment in your home — read on and prosper!

Three Key Ways to Build Equity

Among the biggest benefits of becoming a homeowner is the opportunity to build financial security. Enter: Equity.

Equity is the value of your home, minus what you owe for it. So, if you have a 10% down payment when you buy the property, you start with 10% equity.

Here are our top three tips to build your equity

Thinking about Refinancing? Here’s What to Know

So you cleaned out the garage, the kitchen cabinets, and your junk drawer … and now you’re wondering what to tackle next.

If reassessing your mortgage is on your list, here’s what to consider about refinancing under normal circumstances – but especially during COVID-19.

Can Refinancing My Mortgage Affect My Credit?

It’s no surprise that folks are rushing to refinance. 

Interest rates reached historic lows during the pandemic, and many homeowners are looking to lock them in. 

But one aspect that tends to be overlooked is how refinancing could impact your credit history and score. We break it down, so you can move forward with confidence.

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No matter where you are on your homebuying and homeowning journey, Keep Up is a handy little newsletter designed to provide you with the latest updates, trends, tools, resources and support to ensure smooth sailing — and it’s totally free!
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