Home Equity

Home equity is the difference between what a home is worth in the current real estate market and how much the homeowner owes on it (for example, if a home’s appraised value is $225,000 and the outstanding mortgage balance is $75,000, there would be $150,000 of home equity).

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Home Equity Conversion Mortgage

When you apply for a reverse mortgage, lenders must conduct...

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Home Equity Line of Credit

When you apply for a reverse mortgage, lenders must conduct...

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Recent Articles

What Is Home Equity?

What Is Home Equity?

The average price of a house in the US is $428,700 in 2022. Owning a home offers a range of benefits, and one of those is establishing...

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How to Get a Reverse Mortgage

How to Get a Reverse Mortgage

Are you nearing retirement and curious about what a reverse mortgage is? Ready to tap into your home equity? A reverse mortgage could be a...

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Find out if a GoodLife Home Loans reverse mortgage is right for you.