You Could Use Some of Your Equity To Give Your Children the Gift of Home

If you own a home, you’ve likely built up a lot of wealth just by living in it. That wealth is called equity—and it could make a big difference, especially when it comes to helping your children become homeowners.

With today’s high prices and affordability challenges, many first-time buyers—even those with good jobs—are struggling to buy a home. That’s where your equity comes in.

👉 On average, homeowners with a mortgage have $311,000 in equity (Cotality).
👉 According to Bank of America, 49% of buyers ages 18–26 received help from parents for their down payment.

While it’s unclear how many used equity directly, the wealth built through homeownership clearly plays a key role.

Why It Matters:
Helping your child buy a home can create long-term stability, give them a financial head start, and help them build equity of their own. It’s not just a financial gift—it’s a meaningful legacy.

Compare the Market reports that 45% of buyers who received help say they wouldn’t have been able to buy without it.

Bottom Line:
Your equity could be the key to helping your child say, “We got the house.” If you’re open to the idea, talk to a lender or trusted financial advisor to explore your options.

Finding ways to make your credit score better could help you get a lower mortgage rate. When you’re ready to get the process started, let’s connect.