Written by 8:59 PM General Views: 2

Cash Out Your Home Equity

Home equity loans are getting more accessible.  Genworth Financial Canada has a new Cash-Out Refinance program that lets homeowners borrow up to 95% of their home’s value.  You can use the money for renovations, investments, debt consolidation, etc.

Factoid:  Over 45% of home equity loan proceeds are used for renovations.

Visited 2 times, 1 visit(s) today

Last modified: December 23, 2006

Canada’s preeminent mortgage information resource.

Close