If you have been paying off a home loan for some years, chances are you have achieved a level of equity that can be useful in these tough economic times. Even if your home loan is not yet fully paid off, the equity you have built over time can be helpful in several ways: You can use it to consolidate your debts, pay tuition fees for your dependents, fund major home renovations or even buy one minute assets as the a good investment.

What exactly is security?

Guarantee ‘s the difference between what your house is worth and you can what you nevertheless owe in it. Continua a leggere