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The Nile Wires > Business > How to Transform Your Home into a Money-Minting Machine
BusinessOpinion

How to Transform Your Home into a Money-Minting Machine

Ronald Kasoma
Last updated: March 25, 2025 8:57 am
By
Ronald Kasoma
1 Min Read
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Financial Institutions through equity release allow home owners to access a portion of the value of the home and use it to set up other income generating projects.
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In the ever-evolving landscape of personal finance, homeowners are increasingly rethinking the role of their properties. Traditionally viewed as liabilities, homes can actually be transformed into valuable assets that generate cross generational wealth. One powerful tool to achieve this is equity release—a financial product that allows homeowners to unlock the value of their properties without selling them.

What is Equity Release?
Equity release is a mortgage product that enables home owners to access the equity tied up in their properties, usually 70% of the property value. This means that the home owner gets an opportunity to borrow against their property, which equity they can use to invest in other money minting ventures or investments such as real estate, stocks, among others.

Conclusion
Your home can be more than just a place to live; it can be a strategic asset that generates income and enhances your financial freedom.
Are you ready to explore how equity release can transform your financial landscape? Let’s connect and discuss the possibilities.

TAGGED:bank of ugandaHousing Finance Bankmortgage; housing financestanbic bank
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