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
Episode 201: Short-Term Rental Queen Turned Mortgage Pro
Episode 200: The 500 Unit Man
Episode 199: 5x The Average
Episode 198: From Union Worker to Mega Producer
Episode 197: Business Lessons From A Mortgage Coach
Episode 196: Be Like Molly - Fund Over $100 Million
Episode 195: Learn To Trade The Market
Episode 194: www.TLOPonline.com
Episode 193: Business Planning and Goal Setting
Episode 192: Live A Debt Free Life
Episode 191: Why You Need To Hire A Realtor
Episode 190: The Who, What, When, Where and How Of Buying A Home
Episode 189: 25 Minutes With A 25-Year-Old
Episode 188: Marketing For Mortgage Professionals
Episode 187: The Warrior Entrepreneur
Episode 186: CRMs And Database Management
Episode 185: Communicating Without Breaking Your Client’s Trust
Episode 184: The 12 Week Challenge Redux
Episode 183: Non-QM Lending
Episode 182: Working With Homebuilders
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