Unlock the value of your home loan equity

 How can I build my home equity?

• Increase Your Payments – If you increase the frequency of payments on your home loan each month, this will increase the amount of equity and the pace at which you accumulate equity. As you continue to pay down your loan, you increase your equity.
• Pay More – Instead of increasing the frequency of your payments, you could just pay more each time you make a payment. This will also reduce your loan principal faster which will increase the equity in your home.
• Renovate the Property – Renovating the home will increase its value which in turn, increases the amount of equity you have in the home. You can get pre-approved for a renovation home loan to start funding renovations to increase your equity.