Many people who have either owned their home for at least a few years, or who have put a significant down payment on their home, will have equity in that home.
As an example, if you own a home worth $350,000 and have a mortgage balance of $250,000, then you have $100,000 worth of equity in your home.
Based on that information alone, you can qualify for a home equity loan / 2nd or 3rd mortgage.
You would be able to access these funds in as little as one day by contacting our office.