| |  | | | | Should you cash in on your home equity? | | | | | | | | |  |  | | | | Hey Janet,
You can check your Home Borrowing Power on Credit Karma to see how much you could borrow based on your home equity.
| | | | | | | Here are some common reasons for using your home equity: | | | - Funding home improvement
- Consolidating debt
- Cashing out for emergencies
| | | | | | A cash out refinance or home equity line of credit (HELOC) are both great options that allow you to free up some cash at a potential lower interest rate than a credit card or personal loan.
Your estimated home equity is $410,019.* Come see what this means for your home borrowing power. | | | | | | | | | | | *Your estimated home equity value was determined as of 2023-04-01. Your home equity is the difference between your home value determined by a property valuation company and what you owe on your mortgage based on your credit report information from TransUnion as reported on 2023-04-10. The home value provided is not an appraisal of the market value of the property, and does not include a physical or visual inspection of the property or its neighborhood. The information they provide is the property of its respective owner, and is subject to the intellectual property rights of its respective owner. Your home equity can change as you pay off your mortgage or when the market value of your home increases or decreases. | | | | | This is a promotional email.
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