Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

You’re considering a home equity loan but aren’t sure how much you can borrow. It depends on how much of your home you own outright. More specifically, lenders calculate the difference between your ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

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 mortgage ...

Rocket Mortgage (formerly Quicken Loans) is the largest home lender in America, both in terms of dollars lent and number of mortgage originations. It offers cash-out refinancing and traditional home ...

A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. It does mean the loan will be more expensive, as you won’t get the lowest interest rate. It’s possible to get a ...

If your home’s market value exceeds the debt you owe on your property, you could take advantage of your home equity and borrow against it. As a homeowner, you have two main options: a home equity loan ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Mortgages and home equity loans offer financing options for homeowners to buy a home or borrow cash from its equity. Your home secures each loan type. These loans typically have a fixed interest rate ...