Turn your home equity into opportunities – quickly and conveniently.
Finance your dreams with HomeEQ.
It’s normal to have questions when financing a home or other property. We’ve answered frequently asked questions to help guide you.
Home equity is the portion of your home’s value that you actually own. It is calculated by subtracting your outstanding mortgage balance from your home’s current market value.
Several factors impact how much home equity you can access:
Yes, you can use home equity to purchase another property. By taking out a home equity loan or HELOC, you can access funds to use as a down payment or for other costs associated with buying a new home.