A $200K home equity loan or HELOC could be the borrowing option you need, but there are some factors to consider before ...

As the home equity borrowing landscape becomes cheaper, borrowers should consider these three items for April.

Your home’s equity can provide you with funds to meet your financial goals. Find out the most effective method for your ...

using tools like home equity loans and home equity lines of credit (HELOCs). Not to be confused with refinancing, these are both types of second mortgages that you take out in addition to your ...

Caroline BasileMortgages and Student Loans Deputy Editor Caroline Basile ... If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option to access ...

Among your options are a home equity loan or a home equity line of credit (HELOC) that you can use to pay for significant or unforeseen expenses, including paying down high-interest debt or paying ...

The decision to open a home equity loan largely depends on what type of homeowner you are. Here's what to consider.

Typically, homeowners seek home equity loans or lines of credit (HELOC) to access their equity, but a cash-out refinance can accomplish a similar result. A HELOC is a line of credit guaranteed by ...

Reverse mortgages, home equity loans and home equity lines of credit (HELOCs) all allow you to tap into your home equity. Despite this similarity, the three have some key differences, especially ...

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up paying a higher rate than necessary if rates fall.

Several factors can influence interest rates on HELOCs and new home equity loans. That includes the prime rate, which is tied to Federal Reserve monetary policy. When the Fed raises rates ...

Since most lenders limit the loan-to-value ratio for home equity loans to 85% or less, you may not be eligible for a home equity loan at this time. Lenders typically require a FICO credit score of ...