Use the equity in your home to fund projects, investments, expenses, or any other worthy item or event. Speak with a Union Square teammate to learn more about the opportunities.
Home equity loans offer funds to homeowners who have equity in a property. Funds received from a home equity loan may be used for a variety of purposes—home improvements, investment properties, medical expenses, college tuition, etc. To qualify for a home equity loan, it’s not necessary for a home to be owned free and clear; however, the property must have equity that exceeds the property’s current loan to value ratio. Ultimately, the size of the loan depends upon a homeowner’s equity—greater equity in a property allows for a larger home equity loan.
Speak with a Union Square Mortgage professional to learn if a home equity loan is the right mortgage product for you!