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With Connecticut holding steady as one of the fastest growing home equity states in the country and home values rising, your home isn't just where you live, it's also one of your greatest financial assets.
A home is considered equity-rich when its mortgage balance is less than 50% of its current market value, and over 43% of mortgaged homes in the United States fall under this category. In Litchfield County, the average homeowner has $353,000 in equity. The possibilities are endless.
National Iron Bank is here to help you unlock the value you've built. Our team can help you learn how a home equity loan or line of credit can help bring your renovation plans to life.
Source: Rate.com and ATTOM
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