facebookShould I refinance my private property's home loan? or should I use home equity loan instead? - Seedly

Anonymous

18 Apr 2019

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Property

Should I refinance my private property's home loan? or should I use home equity loan instead?

Discussion (3)

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Teo See Hwa

24 Dec 2018

MArketing Associate at Propnex

Refinance - to lower the interest.

Home equity loan - also call Cash Out, to take money out from property after capital appreciation or loan fully paid.

Daryl Koh | TeamFatherAndSon.com

17 Oct 2018

Associate Marketing Manager at Propnex

Great answer by Ken Tan. I would definitely hire a real estate consultant to look at all the fine minor details before making such a big decision. Whatsapp me if you need 😊 97330777. Cheers.

when you refinance home loan, you are basically changing banks to get the same loan at a lower rate....

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