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23: Cash Out Refinance vs HELOC - What's Best For You?
Manage episode 401714812 series 3514893
Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Tom Moffat & Brandon Love, Tom Moffat, and Brandon Love या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
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WATCH
▶️ Watch this episode on Youtube
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EPISODE DESCRIPTION
In this episode, Tom & Brandon explain the differences between two types of products you can use to tap into your home equity. A HELOC, or home equity line of credit, or a cash out refinance on your mortgage.
What was discussed:
→ What a home equity line of credit (HELOC) is and some use cases.
→ What a cash-out refinance is and some use cases.
→ And what would be a better way to gift funds to your children.
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