18769265745 info@pwdccu.com

Your Home can put dollars in Your Hands and provide some TALL money for dreams such as:

✔ Home Renovations  ✔ Education Financing
✔ Investment in a second property

✔ Start or grow your business, and much more!


What Is Home Equity?

Home equity = The portion of your home that you truly own.

It’s the difference between:

Market Value of the Home minus Outstanding Mortgage Balance

 

 

Simple Example

Home value: $30,000,000

Mortgage remaining: $18,000,000

Equity: $12,000,000

 

That $12M is your equity – your ownership stake.

Over time, equity increases because:

  • You pay down your mortgage.

  • Property value increases.

  • You renovate or improve the home.

Imagine! Money Hidden in Your House and you can use some of it!


Here’s why Home Equity Loans are attractive.

  • Lower interest rates than unsecured loans.

  • High borrowing limits

  • Long repayment terms

  • Predictable monthly payments

Rates are usually better because the loan is secured by property.