Get Equity from Your Home or Investment Property
3 Ways to Access Your Money that is Tied Up in Real Estate
3 Ways to Tap into Your Equity
Cash Out Refinance
Get a new loan on your house that pays off the current one and adds cash on top
Second Mortgage
Keep your current mortgage in place and get a new one just for the equity portion
HELOC
Get a line of credit opened on the equity portion of you home
Texas law limits the amount of equity you can access from your homestead to 80% of the value. They also limit how much you can pay in fees to refinance your homestead. Both of these factors will limit your amounts and options. Speak with me about how this will impact your situation.
