How to Calculate Home Equity | loanwithjen #homeequity

Loan With Jen
Loan With Jen
5.8 هزار بار بازدید - 3 سال پیش - So whether it’s for personal
So whether it’s for personal convenience, getting a Cash Out Refinance, or Selling it entirely for that matter, it’s always good to know your home equity.

The math is simple, you just take your house value, and subtract it from your loan amount, to receive your home equity value. However, if you’re doing this to sell the house you also have to account for title fees, closing fees, property taxes, and any other miscellaneous loans you might have taken out during the time. But other than that, you’re set!

If you have any questions, I highly recommend you check out a local realtor to assist you in coming up with your home equity value!

Oh and one more thing while you’re down here, go ahead and hit that subscribe button and turn up notifications as I release 2 new videos a week that you won’t want to miss out on. Stay tuned, for I will be the first to update you on any changes or modifications that there will be on forbearances and other changes related to COVID-19. My goal is to help you understand how to obtain mortgage(s) to help grow your portfolio!

Also check out our playlists that feature various topics about homebuyer’s tips that will help you grow both as a homeowner and on a consumer/producer level. If you’re seeking more information on specific topics that follow, check out our specific playlists that follow up on topics like, Down Payments, Interest Rates, and more!

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Have any questions? Feel free to drop a question down in the comments on one of our videos  or contact me and my team anytime at www.loanwithjen.com Equal Housing Opportunity Lender NMLS #514497

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Jennifer Hughes Hernandez, Legacy Mutual Mortgage - Equal Housing Opportunity Lender NMLS #514497

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