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Updated about 7 years ago,
Using equity to lower mortgage payment
I'm looking to get some feedback from the bigger pockets community. I am currently in the process of planning a large renovation that will include new kitchen, master bath, dormers, and an inlaw apartment. The renovation will be funded in cash. After the renovation I will have quite a bit of equity in my home. I was looking to see if there is a way for me to use that equity to lower my monthly mortgage payment. Thank you in advance for the feedback.