Key takeaways A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. It does mean the loan ...

One of the biggest perks of owning a home is the equity it allows you to build. When you sell, that equity can translate to cash in hand at closing. But you can borrow from that equity while still ...

For example, a home equity loan offers the predictability of fixed payments, while a HELOC provides flexibility but comes with the uncertainty of changing rates.

Both Helocs and home equity loans let you access your available equity, but the right one for you depends on your goals and situation.

For example, here's what you can expect to pay each month for a $50,000 home equity loan based on today's average rates. Explore the home equity loan rates you could qualify for here.

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, consolidate debt or support education expenses. Includes pros ...

A home equity loan provides a lump sum that you’ll pay back in fixed monthly installments. However, your home can be foreclosed on if you can’t make your payments.

Taxpayers and tax professionals had questions about what the new tax law meant for homeowners with debt. Today, the Internal Revenue Service (IRS) finally issued guidance concerning deducting ...

If you're a homeowner, chances are, you've built equity in your home. And when you want to tap that equity, you can do it with a home equity loan. But which lenders offer the best home equity ...

When deciding between a personal loan or a home equity loan, consider your unique financial situation and how you plan on using the funds.

Learn how to choose a home equity loan by comparing rates, terms, fees and lender requirements to find the best option for your financial needs.

A home equity line of credit (HELOC) is a loan that is backed by your house or other property and lets a borrower draw money as they need it, pay interest only on what they borrow and repay the ...