Releasing some of the equity
Depending on the outstanding balance on your mortgage, the value of your property and the equity you have available, you might be able to release some of the equity to pay for a variety of different desires. Depending on the mortgage lender, you could raise money for:
- Home improvements
- an extension
- a car
- new kitchen and bathroom
- pay off debts (consolidate)
- business purposes
- a second home
- buying out a partner or spouse in the event of divorce or separation
Whatever you are looking to raise money for, your PAD Financial mortgage broker can help you find the lowest interest rate available and evaluate the total cost of the mortgage to present you with the best mortgage for your circumstances.
If you would like to know how PAD Financial can help you, please contact us now.