If you have equity in your home and want to use it, but don’t want to fall behind, then this is for you.
I’m going to give you a few ideas on how to utilize the equity in your home to get ahead, but without falling behind on your mortgage.
This might be the very best opportunity that I’ve seen in my 20 your career in the mortgage industry. Equity is at record highs and interest rates are at record low.
There is a ton of untapped wealth in people’s homes right now. And we have clients all over the place that are utilizing it to get ahead, but you might be thinking to yourself, I really would like to utilize the equity in my house, but I really don’t wanna lose progress, paying off my mortgage. This is a very valid concern. And if you haven’t set up your mortgage correctly, then you could run into that issue.
There’s a couple of ways that we utilize to get around it. And a few things that we put into place for our clients that may be of benefit to you. The very first one is we take a look at your current asset, which is your house. How much is your home worth? How much do you owe on it? What are the current terms on your current mortgage? Super important? How long are you going to be in the home? And how long have you held your current mortgage? Then we consider what you’re looking at using the cash for. If you’re using it to pay off debts, what are the rates on your debts? What are the balances on your debts? Looking at the best usage of this extra equity for what you wanna do is the most important thing. Then we just go through a simple preapproval process that you’re familiar with, but now here comes the magic interest rate reduction, analytics, interest rate reduction, analytics.
This is a special formula that we run your scenario through. It examines possible ways to save even more money down the road. And immediately it will look at and suggest custom mortgage options that you may not even know existed. Heck some of these mortgage options haven’t existed until recently anyway, but some of these mortgage options may help you reduce your term, pay less interest, allocate the cash where you may want it to be, make better decisions on where, what you do with your mortgage. And importantly, we wanna make sure that that loan gets set up so that if a better opportunity comes down the road a little bit later, you have the opportunity to jump on that too. Go to Utah pros.com. That’s Utah pros.com. There you’ll find more information. You’ll find a way to apply, or you can set up a way to chat with one of our awesome team members that will give you a no obligation and no pressure analysis and who are trained and instructed to look for amazing opportunities to help you get what you want with your new mortgage.
Get started using your home equity to get ahead, without falling behind:
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