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Real Estate

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Bankrate.com   
Home Equity Basics  Understanding the fundamentals
Home equity loans are offered as fixed-rate loans or variable-rate lines of credit.
 
   
Table of contents
Home Equity
 
Chapter 1: What equity debt is
Before tapping the equity in your home, become familiar with the way home equity loans work. Read on.
 
Chapter 2: Decisions, decisions
Home equity loans are available in two ways -- as a fixed-rate loan or a variable-rate line of credit. Which one is best for your situation? Read on.
 
Chapter 3: Applying
The keys to a great rate are your credit history, your income and the loan-to-value ratio. Read on.
 
Chapter 4: Watch out!
Tapping your home's equity can be risky. Know the loan rules, your home's value and your actual costs before closing the deal. Read on.
 

TABLE OF CONTENTS
 
 
 
 
 
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