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 316: Tax Season, The Mortgage Industry & You
Episode 315: Why Do Banks Collapse?
Episode 314: How to Become Mega Producer
Episode 313: Money Management for Sales Professionals
Episode 312: The Relationship Between Realtors and Mortgage Lenders
Episode 311: VA and FHA Home Loans Just Got Cheaper
Episode 310: The Power Of The Right Offer
Episode 309: 5 Lessons to Learn From CEOs
Episode 308: When To Hire A Coach
Episode 307: How Do Realtors Get Paid?
Episode 306: Prepare For The Chaos
Episode 305: 5 Proven Strategies to Make This Year Your Best
Episode 304: Mortgage Qualification Just Got Harder
Episode 303: Quit Dating Your Career
Episode 302: How To Buy Homes For Your College Kids and Adult Dependents
Episode 301: What Are Loan-Level Pricing Adjustments (LLPAs)?
Episode 300: Making Millions In The First 5 Years As a Mortgage Loan Originator
Episode 299: Be Boring. Become Successful!
Episode 298: Career Advice, Podcasting and Team Building w/ Ian MacDonald
Episode 297: Real Life Coaching For Sales Professionals
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