RyRo Loan Centre

Video with Sumit Joshi, RyRo Loan Centre

Five ways to build equity faster

What this video covers

Five ways to build equity in your home faster: a bigger deposit, extra repayments, lump sum payments, renovations and holding the property for longer.

Related: Using your home equity

Sumit Joshi, principal broker at RyRo Loan Centre

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Transcript

What Sumit says

0:00What are the five ways to create equity? When you buy a property try to make a large deposit. That's number one. Number two when you have a mortgage make extra repayments if possible. Number three make a large lumpsum deposit into your mortgage when and if you have the money

0:20number four do renovations or upgrades to your property on a regular basis and. Number five hold the property for a longer period of time. It will automatically increase in its value.

Transcribed from the video and lightly corrected. General information only, not advice for your situation. See our disclaimer.

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Sumit Joshi, principal broker at RyRo Loan Centre

Talk it through with Sumit

Tell us your situation. A broker reads it and calls you back.

Free, no obligation. We generally respond within an hour.

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We generally respond within an hour. Prefer to pick a time? Book your strategy call online or contact us.

Sumit Joshi of RyRo Loan Centre smiling in a blue suit and gold tie

Sumit Joshi JP

Principal broker, Credit Rep 446824

  • A broker reads your details and calls you back
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“Sumit is an outstanding mortgage broker. He patiently worked through our application and got us an awesome result when many other brokers wouldn't assist as we are small business owners. Thank you!”
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Sumit Joshi JP, Credit Rep 446824. AFG Award Winner 2013 to 2019 and AFG Excellence Awards finalist 2022 to 2026.

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