Make Smart Moves Buy a House with Equity

Strategies for Building Equity

Building equity in your home can be achieved through several strategies. Making a larger down payment is a straightforward method to increase your equity stake from the start. Additionally, opting for a shorter loan term, such as a 15-year mortgage, can help you build equity faster, as more of your payment goes toward the principal rather than interest. Regular home improvements and maintenance can also increase your property’s value, thereby boosting your equity.