08/24/2026
The quickest option isn’t always the most cost-effective one.
When unexpected expenses arise, many homeowners reach for a credit card without considering the equity they’ve built. The exclusion limit shown here refers to the $250,000 federal home-sale capital gains exclusion for qualifying single filers, used as a benchmark for the share of homeowners who have built equity beyond that amount.
While borrowing against a home isn’t appropriate for every situation, understanding the available options can help homeowners make more informed financial decisions. A Mortgage Consultant can help homeowners explore potential ways to access their equity while carefully considering the costs, repayment terms, and risks involved.
*By refinancing an existing loan, your total finance charges may be higher over the life of the loan.