Homeowners leverage their home equity through various strategies, such as HELOCs or reverse mortgages. A newer option: Shared ...

Let’s be real — having less-than-perfect credit can feel like a closed door when you need a loan. But don’t stress. Whether ...

The latest NMDB report from FHFA shows that 82% of homeowners in America have at least 30% of equity in their homes.

A home equity loan provides homeowners with funds that typically have lower interest rates when compared to personal loans or ...

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

When people take out HELOCs from Better.com (BETR), debt consolidation is currently the top reason, said Kevin Ryan, president and chief financial officer at the online lending company. Rising home ...

Reverse borrowers can choose to receive monthly payments for life (or as long as they live in their home). And they're not ...

A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. Some home equity lenders allow for FICO scores in the “fair” range (the lower 600s) as long as you ...

Getting a home equity loan is an extensive process — and there are still some risks. It’s important to make an informed decision that’s based on your unique situation and needs.

If you own your home, you can take out a home equity loan or a HELOC and use the funds to pay off high-interest debt, like credit card bills or private student loans.. A home equity loan gives you ...

Home equity loans and lines of credit are both borrowing options based on the equity you have in your home, but their repayment terms and who they are best for vary. My Account.