Chapel Hill Mortgage Lender | Robby's Blog about Mortgages in Raleigh, Durham, Chapel Hill, and Crystal Coast area of NC
by Robby Oakes
If you’ve owned your home for a few years, chances are you have built up equity, maybe more than you realize. But what exactly is home equity, and how can you use it to build wealth, reduce debt, or increase financial flexibility?
We will discuss how homeowners are turning their built-up equity into tools for financial freedom, and how you can, too.
by Robby Oakes
A reverse mortgage can be a powerful financial tool for homeowners aged 62 and older, providing access to home equity without the burden of monthly mortgage payments. If you’re considering this option, here’s a step-by-step guide to help you navigate the process.
by Robby Oakes
For homeowners looking to build wealth, a home equity loan can be a powerful financial tool. With the equity in your home, you can access funds at relatively low interest rates and put that money to work in smart, strategic ways.
by Robby Oakes
Higher education can be one of the most significant financial investments you’ll make, second only to purchasing a home. While federal loans are a common method for covering college costs, using your home’s equity is another option to consider.
by Robby Oakes
If you’re feeling overwhelmed by credit card debt, a cash-out refinance may be an effective way to manage it. This type of mortgage allows you to utilize your home’s equity to pay off high-interest credit cards, consolidating them into a single, lower-interest mortgage payment.
