Equity Takeout

Take advantage of equity accumulated on your property. An equity takeout mortgage is a loan used to ‘take out’ equity on the property for other purposes. Home equity is the difference between the appraised home value and the remaining mortgage amount. You can pull 80-85% of the equity.If a big home renovation project or an investment property is up your alley, an influx of cash can help. Equity takeout refinance is a great option if you choose the right mortgage corporation to help.

Best Suited for

• Those looking to consolidate loans and take advantage of equity on the property
• Those looking to improve or enhance their property portfolio
• Those who want to renovate or upgrade their home