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 is a HELOC?
A HELOC works like a big credit card — one that uses your home as collateral for cash you borrow.
16 min read Apr 24, 2024 -
What is Home Equity?
It’s the portion of your home you own outright. Its uses are almost endless.
10 min read Apr 23, 2024 -
What is an interest-only HELOC and how does it work?
It lets you borrow money and make minimal monthly repayments for a while. But it could shock you at the end.
7 min read Apr 22, 2024 -
How to get a home equity loan with bad credit
Yes, you can get financing, even if you’re not the most creditworthy candidate.
10 min read Apr 18, 2024 -
Home equity loan or HELOC vs. cash-out mortgage refinance
Knowing the differences among equity loans will help you make the right choice.
9 min read Apr 16, 2024 -
Can you get a home equity loan on investment or rental property?
If you have a sufficient ownership stake in it — yes. But it might not be your best move.
9 min read Apr 16, 2024 -
How to buy land using your home equity — and whether you should
If paying cash or obtaining a land loan isn’t an option, you might be able to use a second mortgage to buy land.
6 min read Apr 12, 2024 -
Cash out refi vs. home equity loan: What you need to know
Both mean ready money — but their pros and cons vary quite a bit.
8 min read Apr 11, 2024 -
Pros and cons of a home equity line of credit (HELOC)
A HELOC has low interest rates, but it requires you to use your home as collateral.
8 min read Apr 10, 2024 -
How to get equity out of your home — and how to choose the best way
Your home isn’t a piggy bank, but there are wise ways to tap your ownership stake for cash.
10 min read Apr 08, 2024