Are you in need of cash and yet still possess a mortgage?
Are you in need of cash and yet still possess a mortgage
?
You might need it for an emergency or for an investment? If you are, you will want to learn about this experience that i had a few years back. I was paying off a mortgage. I was actually okay with every one of the payments that i had to produce but one day,i had a friend approach me for a small business venture that he planned to be partners in. it seemed like a good deal and I required to cough up my justifiable share of the capital which was a lot more than I had at the bank that time. He and I did not have money so we had to come up with a approach to get money since we had mortgages in our homes? What we did was we arranged to receive an equity release from our houses.
You may have no idea what it is; you should know that there are people who create a living out of helping people release equity from those with houses. If you have an existing mortgage on your property, you can still unlock some equity from it. There is an online site that has specialists who can assist you as they helped me get an equity release mortgage which can be like getting a remortgage loan on your house.
They may help you receive equity from the property even though you still have mortgage on your property. That is how it works as a remortgage. I even found an internet site where I could possibly get a commercial loan. have you got a concept what commercial loans are? You may use the commercial loans as collateral for other loans that you may want. I needed a lots of loans for that business venture which means you understand why I had to turn to professionals for loans. Trust me on this, if you need fast money, go surfing and get a free consultation from online pros.