🙋 Common Question: "HOW MUCH equity do I have, and HOW can I use it?"
Simple answer to the first part - the infograph demonstrates how to work out your equity. It's the difference between the value of your home and the amount left on your home loan. [Pro Tip: Contact our office for a free property report]
Difficult answer to part 2 - you may have lots of equity, and some things to consider:
👉 What PURPOSE will it be used for?
👉 Can you afford increased REPAYMENTS?
👉 Will there be extra FEES (such as Mortgage Insurance)?
👉 Can you gain INCOME from using your equity (like buying investments)?
Your expert and trusted Truly Finance broker will answer all your questions and give personalised finance advice regarding potential use of your equity!
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 #TrulyFinance #Finance #Mortgages #HomeLoans #BestMortgageBrokers #MortgageBrokers
Credit Representative Numbers 521733, 550284 & 547037 are authorised under Australian Credit Licence 389328
