Using the funds from a home equity loan to make home renovations can make sense if you're planning on aging in place, but you also have other options.

A home equity loan lets you borrow money using your home as collateral. You'll get a lump-sum payment and repay the loan with fixed-rate interest over a predetermined term. Some or all of the ...

That said, these products operate in different ways, and they come with unique pros and cons in the interest rate environment ...

Rachel Murphy has 10 years of experience in personal finance ... you can comfortably make payments. Home equity loans use your primary residence as collateral for a lump sum loan repaid on ...

I bought two houses for $35,000 each — but when the price is that low, finding a home equity loan or HELOC for renovations is ...

In other words, if you use the home equity loan ... rates are materially lower than personal loan rates, those savings are based on your home serving as collateral. This inherently makes home ...

“Crypto-backed loans are a financial tool that allows businesses and users to borrow funds using cryptocurrency as collateral.” As a result, crypto-backed loans provide access to liquidity ...

If paying cash or obtaining a land loan isn’t an option, you might be able to use a second mortgage to buy land.

Personal loans offer a flexible way to access funds for various purposes, whether you’re consolidating debt or covering a ...

However, the loans use your home as collateral, meaning missed payments ... Home equity loans typically offer lower interest rates compared to personal loans or credit cards.

The higher your credit score, the better your chances are to get approved for financial products — like personal loans — with a lower interest rate. Still, there are personal loans you can get ...