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
Editor's Picks
Latest Articles
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Homeowner equity data and statistics
You’ve been hearing a lot about home equity lately for one big reason: There’s a lot more of it.
3 min read Nov 28, 2022 -
Using home equity to finance emergency repairs
Emergency repairs can cost a few hundred to thousands of dollars, and you might need to turn to your home’s equity to finance them.
3 min read Nov 15, 2022 -
How to buy land using home equity
If paying cash or obtaining a land loan isn’t an option, you might be able to use a second mortgage to buy land.
3 min read Oct 26, 2022 -
Should you tap home equity for expenses this holiday season?
With inflation weighing on budgets and interest rates rising, you might be considering leveraging the equity in your home to cover holiday costs. Should you?
3 min read Oct 24, 2022 -
How to take equity out of your home
Your home isn’t a piggy bank, but there are wise ways to use its equity.
10 min read Oct 20, 2022 -
What is home equity and how can you use it?
Borrowing against the equity in your home can be a smart move.
6 min read Oct 20, 2022 -
What is a second mortgage, and how does it work?
Using your home to secure a second loan can have huge benefits if you do it right.
5 min read Oct 10, 2022 -
What to know about HELOC prepayment penalties
You might want to pay off your HELOC early, but be aware, your lender might charge a prepayment penalty.
2 min read Oct 03, 2022 -
What is hypothecation?
You may see hypothecation in auto loans, mortgages and home equity loans.
5 min read Sep 27, 2022 -
The pros and cons of using a HELOC for business
Consider all your options before using a HELOC for business expenses.
5 min read Sep 26, 2022