The average homeowner has about $114,000 in tappable equity, but majority of them do not know they can use it to consolidate debt into one monthly payment or to get cash in-hand.
Platinum Home Mortgage offers various cash-out refinance loan programs up to 90% of your home equity!
Use equity to consolidate debt:
Consolidating credit card debt, medical bills, car payments, student loans, and much more can result in huge amounts of savings in interest. Think about it--one monthly payment, one interest rate and say goodbye to high interest debt! Use the generic scenario for reference:
Use equity as cash:
You’ve earned it, so use it wisely! There are many ways homeowners can use their equity to their benefit. Here are some examples of how you can use it today:
• Rehab your home to increase value
• Pay for college tuition
• Start your own business
• Down payment on a second home
• Down payment on an investment property
• Family vacation
Platinum Home Mortgage has licensed home loan experts near you! To find out how a cash-out refinance works, how much equity is in your home, or your options, simply submit your information at the top of the page, and we will contact you shortly.