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.

To qualify for a home equity loan—and get the best interest rate—you usually need to have a good to excellent credit score ...

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 is the percentage of your home you own outright, versus the amount you still owe on a mortgage. If you made a 20% down payment, you'd start out with 20% equity. As you make monthly ...

Even with bad credit, a home equity loan could help consolidate high-interest debts, make home improvements or fund another big-ticket item. But there are pros and cons to consider.