Home Equity
Find out what home equity is and how to use it, plus news, advice and tools on home equity loans and HELOCs.
Basics
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Latest Articles
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What are the pros and cons of home equity loans? A homeowner’s guide
Knowing the pros and cons of home equity loans can help you choose the best borrowing method.
8 min read Apr 05, 2024 -
What is the draw period on a HELOC and how does it work?
It’s the fun part, when you get your money. But you have to be ready when it ends.
6 min read Apr 04, 2024 -
How to calculate your home equity — and how much of it you can tap
How to estimate your ownership stake, and how much of it you can borrow.
6 min read Apr 01, 2024 -
Best uses for a home equity line of credit (HELOC)
Certain expenses are tailor-made for tapping your home equity. Others, not so much.
9 min read Mar 29, 2024 -
Can you use home equity to buy a second home?
Yes, you can. But the more relevant question is: Should you hock one house to buy another?
12 min read Mar 29, 2024 -
HELOC and home equity loan requirements in 2024
If you want to borrow from your homeownership stake, these are the factors lenders will judge you on.
7 min read Mar 27, 2024 -
10 reasons to tap your home for cash: Expenses you can use home equity for
Borrowing from your home equity can pay off, but only if you’re smart about it.
13 min read Mar 25, 2024 -
Home equity lenders broaden the base with new HELOC and loan products
They’re courting new borrowers with innovative features and looser criteria.
5 min read Mar 22, 2024 -
How the Federal Reserve affects HELOCs and home equity loans
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
5 min read Mar 20, 2024 -
What is a home equity sharing agreement?
You get cash out of your home, in return for a piece of the proceeds when you sell.
7 min read Mar 20, 2024