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Yes. Mortgage lenders offer several solutions to borrow funds against your existing property value.
Home Equity Line of Credit: If you want a reserve of funds you can draw on in the future, choose our Home Equity Line of Credit. You'll have the credit you need when the need arises - and you make no monthly payments until you draw on it. Be ready for expenses like medical bills, emergency home repairs, tuition, and more.
Home Equity Loan: If you want to borrow up to 100 percent of your home's value at a
fixed rate of interest, choose our Home Equity Loan. Use those funds for a purchase opportunity, home maintenance, debt consolidation, or major expenses
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