‎Navy Federal’s own Johnna Camarillo, assistant vice president of equity processing and closing, is featured as an expert in an article on MoneyGeek.com. The article discusses what equity is and how you can use it to your advantage, and covers topics such as:

  • Pros and cons of home equity loans
  • How to determine the equity in your home
  • Calculating your equity
  • Understanding home equity loans
  • How much equity you can borrow
  • Common uses for home equity loans
  • Costs involved
  • How rates are determined
  • The application process
  • How to find a lender
  • Refinancing your home equity loan

Navy Federal offers a wide range of choices when it comes to equity loans – and they can be used in more ways than you might think. Equity loans can be used for home improvements, emergency expenses, college tuition, debt consolidation and more.

Check out the full article on MoneyGeek here.

Have a few more questions? A home equity expert can also help educate you on the best ways to take advantage of a home equity loan.

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Source: MoneyGeek.com