Unlock Your Home's Equity - 3 Ways to Access Cash WITHOUT Selling!

You've got equity in your home, and you'd love to get access to that equity, but you don't want to sell. What can you do? Well, today, I've got 3 things you can do to unlock your equity and get the cash you need!

My goal is to help you get the most out of the real estate market and your home, so be sure to subscribe so you don't miss out!

Timestamps
00:00 Unlock your home's equity
00:41 What is equity?
00:58 How can you figure out how much equity you have?
01:23 How your equity can rise
02:02 Cash Out Refinance
03:20 Home Equity Loan
04:00 Home Equity Line of Credit (HELOC)
04:55 A warning on Home Equity Loans and HELOCs
05:52 Closing thoughts

Thank you for watching! Whether you're in New Jersey or anywhere in the country, let me know whatever I can do to help you make YOUR next move a huge success!

[Nazirethecook]

I never see honest guy like you you told the truth

[subirkrishnan]

Concise and very clear video. Thank you Mark!

[exoduschronicles]

What are my options for Texans who performed a cash out refinance loan but it is listed as a Home equity loan from my current lender? We only have one loan. How can I suggest this be fixed to keep my low interest rate and apply for a home equity loan?

[anitakapoor]

Hi sir i have my house all paid off but i need some cash to pay my credit cards and home repair, can i get reverse morgage or what else i can get equity credit line if i can pay back how its works .

[stanmoney]

HELOC sounds like a bummer unless you can afford a flexible interest rates. But which is better the (cash out refi) or the home equity loan. I know the equity loan you could loose your home if you get behind on the payments.

[jetguy]

Mark I have worked in a number of years… am I eligible for a cash out refi? Just curious thx. The home is paid in full.

[TheTallMan]

I have a fixed mortgage rate on my home of 2.75%. If I take out a home equity loan, would the interest rate on that loan be the same as the rate on my mortgage?

[JohnJakeWilliam]

Hi Mark, We bought a new home (2020) in Eastern Washington for $225k. We paid in full and have no mortgage. I think our home is now worth around $360-$400k. We also painted it gray with Sherwin Williams Rain Refresh. But, our car was 20 years old and so we bought a new Toyota Camry Hybrid for $33k and our credit card is at $22k.
Just for kicks my wife called Rocket and they would give us 50K for almost $880 monthly for 30 years. That's insane! Can we get something at a much lower price, it doesn't seem right. ... Thanks, bye.

[GummyTheMaltese]

How does taking out a home equity loan on a property (condo) that is completely paid off? To be fully transparent I inherited a home that is paid off but I want to take out equity and don’t know the best way of doing so

[dannychiquitoofficial]

I have 3 houses with good equity on it on each one, I have a lot that I would like to build another house and sell it at the end, what's my best option to unlock my equity? excluding the first option. I received and offer from a company called unlock, and another one from Aven. Which is better? Thanks

[charlessanders]

Lenders are very picky everything must line up to there standards and want info that is irrevalent to the loan.

[choosetoshine]

Excellent content and informative! New subscriber. ❤️

[valGam]

Is this a bad time to take out a home equity loan with prices of homes going down?

[fadedones]

How can i get equity from my home without paying someone thousands of dollars to get to it??

[champy]

Can I get pull out equity without raising my mortgage ?

[g_swave]

Does a house with no Mortgage still have equity ???

[Lisasims]

Can i cash out my equity and pay down my mort

[erikmcleroy]

My mom owns her house out right and she needs to get a loan to buy a car and repairs to the house whats the best thing to do

[stanmoney]

Don't you have to pay it back to the bank?

[ingridphillip]

My house has no equity can I get the same amount for it?