Equity is not the profit in your home - it’s a combination of the money you’ve contributed to the purchase of your home - as well as paying down your mortgage, added to your home’s appreciation.
Think of home equity an another asset such as a savings account, stock account or retirement account. For many homeowners, not leveraging their home’s equity comes with an opportunity cost. For others, trading their home as an ATM can lead to financial peril. www.TLOPonline.com for MORE FREE CONTENT!
#TheLoanOfficerPodcast #TLOP #HomeEquity
Common Questions From Loan Officers | Ep. 436
Evolve or Die 💀 | Ep. 435
Surviving the Next 5 Years as a Loan Officer | Ep. 434
Is a Housing Crash Imminent? | Ep. 433
Mortgage News | Ep. 432
The Power of Industry Knowledge | Insights from HousingWire CEO Clayton Collins | Ep. 431
The Future of Finance: A Live Q&A with UCF Business Students | Ep. 430
When Is the Right Time to Buy a Home? | Ep. 429
AI, Fintech, and the Next Generation of Leaders: Insights from UCF's Dean of the College of Business | Ep. 428
3 Steps to Building a Successful Sales Team | Ep. 427
The Power of Renovation Loans | Ep. 426
How to Generate Leads on TikTok | Ep. 425
5 Tactics to THRIVE in a Post-NAR Settlement Era | Ep. 424
NAR Settlement Aftermath: Opportunities and Obstacles | Ep. 423
Starting a Successful Mortgage Brokerage | Ep. 422
20-Years of Mortgage Lending Lessons | Ep. 421
House Flipping for Beginners | Ep. 420
Biden's Tax Credit for Homebuyers, Explained. | Ep. 419
How To Sell To The Next-Generation | Ep. 418
The Power Of Authenticity In Sales | Ep. 417
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