Rates are at or near an all-time low…so refinancing your loan might be a great move. One of the important steps of refinancing is to determine how much equity you have in your current home. Home equity is the value of your ownership stake in your home. It is calculated by subtracting your outstanding mortgage from the property’s market value. Find out how to determine your home equity:
Have questions? Feel free to reach out to Scott Bennett at 503-703-4699 or firstname.lastname@example.org to talk about your current situation.