If you are not a homeowner or don't have enough equity in your home from which to borrow, or you simply don't want to tap into any home-equity you may have, there are a number of other approaches you can take to borrow money. Borrowing sources include retirement accounts (such as 401(k) plans), stock brokerage firms, life insurance loans, business loans, personal loans, and borrowing from relatives or friends.
Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA (Opens in a new Window)/SIPC (Opens in a new Window). UniVest Financial Services is a trade name of UniBank. Infinex and UniBank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of, nor guaranteed or insured by, any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.