2 Big Homeowner Money Moves ( Including How To Get Up To $600,000 Without Needing To Move)

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Home prices have been on a wild ride. If you own a home, chances are you’ve been wondering if you could cash in or when the party might stop.

Homeowners are trying to figure out what their options are. We’ve got two top options below that might just help.

Why not find out what both of them can offer you? It takes such little time to do.

1. Get Cash For Your Home Without Having To Move (Really!)

white two story house

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You’ve probably at least considered selling your home to take advantage of this current market. But of course, you might have trouble finding a new home for a reasonable price, or you might just love your current home too much to leave it.

Hometap might be the solution you’ve been looking for. Hometap invests in your home, giving you cash today, in exchange for a percentage share in your home’s future appreciation, allowing you to cash in on your home’s equity and take advantage of the housing boom without needing to move. If you qualify, Hometap will give you up to $600k or 30% of your home’s value in cash. Unlike a loan, there’s no interest, no monthly payments, and no debt.

So what’s the catch? There’s no catch, really. In exchange for its investment, Hometap will share in the profit or loss when you finally decide to sell your home and move out (up to 10 years later). If you decide you want to stay longer than 10 years, you can settle the agreement with Hometap at the end of the term without moving out.

Get an estimate of how much cash you can get now. See if you prequalify for a Hometap investment in less than two minutes. You can use the money however you’d like: make home improvements, fund a child’s education or your retirement, eliminate debt … it’s up to you.

2. Refinance Your Mortgage While Interest Rates Are Around All-Time Lows (Could Save You Thousands)

house with pool

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Interest rates won’t stay this low forever, which is why it’s important to take advantage and use it to your advantage while you can.

By refinancing, (depending on your mortgage size) you could potentially save thousands of dollars each year on your home payments. Here’s how it works — you find a new home loan that, ideally, has a lower interest rate and better terms, and then use it to replace your current home loan. Sounds simple enough, right?

Because it is. And with LoanDepot, you can check your mortgage refinance rates in just a few clicks!

LoanDepot is the official mortgage provider and proud partner of Major League Baseball.

LoanDepot has funded more than $100 billion in loans since 2010. Their licensed lending officers are held by a strict no steering policy and are not incentivized to sell one loan over another.

After you refinance with LoanDepot once, they’ll waive the lender fees and reimburse appraisal fees on any future refinance with LoanDepot.

Check your mortgage refinance rate from LoanDepot now right here and find out how much you could be saving on your house!