There are two types of second mortgages that allow you to leverage the value of your home: the home equity loan and home ...

It could be smart to access your home equity this November if you're planning to pay down high-rate credit card debt.

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

One of the cheapest ways to gain access to a large sum of money has involved accessing existing home equity via home equity ...

Deciding between home equity loan vs HELOC? Learn the difference between the two and when you may want to choose one over the ...

HELOC: A variable-rate line of credit based on your home value that you can continually borrow from and pay back over a set time frame. Home Equity Loan: A loan that lets you borrow against the ...

Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home ...

If you want to borrow against your home's value, a home equity line of credit (HELOC) is one option. But what is a HELOC? This guide will help you understand, and can assist you in deciding if a ...

The best personal lines of credit are great for borrowing funds up to a predetermined limit, where you only pay interest on ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

That creates an opportunity to borrow with a home equity loan or home equity line of credit (HELOC). Whether you'll be approved for a HELOC will depend on your income, debt-to-income ratio ...

A home equity line of credit, or HELOC, can be an affordable and flexible borrowing option for homeowners who qualify. Once you’ve taken out the loan, you can use the funds for almost any purpose.