How to Get Equity out of the House You’ve Paid Off

There are financial products that allow you to extract equity from your paid-off home quickly without having to pick up and move.

You can take equity out of your home even after your mortgage is paid off. Dana Rothstein/Dreamstime/TNS

By Mia Taylor From Bankrate.com

You finally own your home free and clear. And now, you want to put that ownership stake to use. Is this even possible?