🏘 When you have owned your property for a few years, you've hopefully grown your EQUITY.
Some clients prefer to grow it - some want to use it. At least get informed!
Here are some fundamentals to get your brain thinking.
--> WHAT? Equity is the difference between what your property is worth, versus what you owe on it. It should grow over time.
--> HOW? Increasing your loan, extracting some of the equity, to use for a legal and worthwhile purpose.
--> WHY? Renovations, car, investments, property, family gift.. anything worthwhile.
--> WHEN? Once we work out what your loan amount is, and your property value.
--> WHO? As long as we can show you can afford the increased loan to the lender, that's who!
This is basic general info - your specific circumstances can be discussed when you meet with Nermalee, Victor or James, our Licensed Brokers to provide specialised Finance Advice.
Truly Finance's advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we relentlessly strive to be the best mortgage brokers with uncommon excellence!
James Brett. Principal Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888
Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554
Dragan Disljenkovic. BD & Relationship Manager ☎️ 0422 435 900
#Equity #HomeEquity #TrulyFinance #Finance #Mortgages #HomeLoans #BestMortgageBrokers #MortgageBrokers
Credit Representative Numbers 521733, 550284 & 547037 are authorised under Australian Credit Licence 389328
