Protect Your Home Equity
So it Can Protect You


What is home equity?

Your home's equity is the cash value of the portion of your home that you own. For example, if your home is currently worth $200,000 and you have paid off $100,000 of the principle amount on your mortgage, you have $100,000 in equity. The value of your equity can fluctuate as your home's value wanes and waxes over time. This means that your equity value can increase or decrease. Cashing out some of your equity when market conditions in your area are right is an excellent way to protect it.

Your Equity is an Investment

With each payment you make toward your mortgage, the amount of equity you have increases. Equity is your share of the cash value of your home. Since the housing market is always changing, that means your home’s value is as well. Your equity value also fluctuates with the market, so it’s important to protect it so that you have access to it in every situation.

Cash is King

Your home is an investment, so protecting it should be obvious. Cashing out your equity is a great way to ensure that you use that investment wisely. Cash out while the market is good and you and your family will feel secure even in a down market.

As a result of refinancing, your total finance charges may be greater over the life of the loan. Ask your NLC Loans Personal Mortgage Advisor for more details.

6.6%

rise in home values in the past year.

United States home values have gone up 6.6% over the past year and experts predict they will rise 3.1% in 2015. Let NLC Loans help you invest in your future.

Protect your home's equity. Let’s talk.