(365) 305-3789

Info@eqtypros.ca

Unlock Your Home’s Hidden Value with an Equity Takeout!

Access the funds you need by tapping into your home’s equity – perfect for renovations, debt consolidation, or reaching your financial goals.

What is an Equity Take-Out?


An Equity Take-Out is a financial option that allows homeowners to borrow against the value of their home, essentially tapping into the equity they’ve built up over time. This is typically done by refinancing a mortgage or adding a second mortgage, enabling the homeowner to access a lump sum of cash while retaining ownership of their property.

Equity Take-Out Benefits:

  • Access to Tax-Free Cash: Use the equity in your home to get funds without triggering additional taxes.

  • Low-Interest Borrowing: Leverage a lower interest rate compared to personal loans or credit cards, saving you money over time.

  • Flexible Use of Funds: Use the cash for home renovations, debt consolidation, investments, education, or any other need.

  • Maintain Ownership: You keep full ownership and control of your property while using its value to your advantage.

  • Streamlined Approval Process: Our experts help you through a fast and easy approval process, giving you quick access to funds when you need them.

Equity Take-Out Options

  • Lower Monthly Payments: Free up cash flow by extending the loan term or locking in a lower rate.

  • Access Home Equity: Tap into your home's equity through cash-out refinancing for renovations, debt consolidation, or other financial needs.

  • Switch Loan Type: Transition from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage for more predictable payments.

  • Shorten Loan Term: Pay off your mortgage faster and save on interest by switching to a shorter-term loan.

  • Debt Consolidation: Use the equity in your home to consolidate high-interest debt into a single, lower-interest payment.

  • Access to Home Equity: Tap into your home’s value to fund important goals, such as renovations, debt consolidation, or education expenses.

  • Lower Interest Rates: Enjoy lower rates compared to personal loans or credit cards, making it a cost-effective borrowing option.

  • Flexible Financing: No credit or no income to show? No problem. We can help!

  • Quick Closing: Quick and flexible closing in as little as 48 hours.

  • Improve Cash Flow: Consolidate high-interest debt into one manageable payment with lower rates.

  • Preserve Your Primary Mortgage: Keep your existing mortgage terms intact while accessing additional funds.

Refinance Vs Second Mortgage - Which one is right for you?

Refinance Vs Second Mortgage - Which one is right for you?

Breaking down the differences between refinance and second mortgage to determine which is the best option for you. ...more

Equity Take Out

October 09, 20234 min read

Equity Take Out - Your Guide to Unlocking the Value in Your Home

Equity Take Out - Your Guide to Unlocking the Value in Your Home

quick guide about equity take out explaining options, costs and exit strategy ...more

Equity Take Out

October 06, 20234 min read

Contact Info

Address: Unit 112 - 50 Richmond St. East, Oshawa, Ontario, L1G 7C7

Phone: 365-305-3789

Email: INFO@EQTYPROS.CA

Powered by: Tribe Financial Group 12782

© Copyright 2024. EQTY PROS. All rights reserved.