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23: Cash Out Refinance vs HELOC - What's Best For You?
The Invested Entrepreneur | Financial Freedom For Business Owners In Canada
8 minutes 52 seconds
1 year ago
23: Cash Out Refinance vs HELOC - What's Best For You?
We've moved! Head over to Canadian Mortgage Guide Here → https://wavve.link/canadianmortgageguide
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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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The Invested Entrepreneur | Financial Freedom For Business Owners In Canada
