As you pay down your mortgage year after year, you continue building equity until you own your home outright. Many people long to be mortgage free, and will likely sit on their nest egg for the years that follow. Others see it as an opportunity to continue building wealth or to fund other needs. The equity you build in your home can be used to finance your dreams. You have the option of borrowing against your home equity in order to purchase an investment property, do some home renovations, finance education, consolidate debt, or fund any other investment need. It’s your choice.