How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Home equity loans are popular among borrowers who want to use the funds for home improvement projects or to pay off or consolidate high-interest debt. Tips for Comparing Home Equity Loans There are a ...

Do you need a home appraisal to qualify for a HELOC or home equity loan? While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Home equity is the percentage of your home you own outright, as opposed to the amount you still owe on a mortgage. If you made a 10% down payment, you'd start with 10% equity and increase from there ...