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Podcast: Money Matters by Allworth Financial
Episode: Using your home’s equity
Description: On this week’s Money Matters, Scott and Pat take several calls from listeners looking to refinance their mortgages.
Scott and Pat advise an airline mechanic considering refinancing his $1 million home to buy another rental property. An Atlanta man owes $196,000 on his $500,000 house and is looking to use its equity for income during his job search. A woman in Wichita, Kansas, with a net worth of $500,000, is considering a second home in Florida. A California caller asks if he needs additional insurance on his home’s title. Finally, Scott and Pat advise an Illinois retiree who is unsa...