How an Ameriprise advisor can help
Whether moving, building, renovating or investing, real estate transactions are a big deal. An advisor will help you find a strategic way to align your financial needs with your long-term goals. That could mean borrowing against existing assets to finance your next move or developing a cash savings and investment strategy to pave the way for the future.
Solutions may include:
Whether you’re relocating, searching for a vacation home or purchasing an investment property, mortgage loans may be suitable for both primary homes and non-primary residences.
With a securities-based line of credit, your eligible, nonqualified assets are used as collateral to secure financing. Whether securing a down payment for a new home, or funding the kitchen remodel of your dreams, a securities based line of credit can provide the funding you need while you remain invested in the market.
Considering a bathroom remodel, new roof or addition to your home? With a home equity line of credit (HELOC), you can use the equity in your home to cover large or recurring expenses as the needs arise, without sacrificing other goals. It also allows you to maintain the cash you have on hand. In many situations, a HELOC gives you the opportunity to make home improvements, often increasing the value of your home in the process.
To address any real estate needs, your advisor can help establish a savings strategy. Together you can create a plan that considers expected and unexpected expenses, job security, and income predictability to find the appropriate strategy for both your short- and long-term goals.