We use and allow cookies and similar tools on our websites to enable essential functionalities and to better understand how visitors use our site (including use of session replay technology), as well as for personalization, social media features, and advertising. Read our privacy policy to learn more. By closing this box or by your continued use of our sites, you accept such use.

Financial Education

Financial education to empower you when you make your next personal finance decision.

Home Equity Loans

What is a home equity line of credit (HELOC), and how does it work?

Did you know you may be sitting on the money you need for a special project? Here's how you can access it with a HELOC.

Dana George
Home Equity Loans

Requirements for a home equity loan or line of credit (HELOC)

Thanks to the equity you've built, your home may be an excellent source of cash. Here's what it takes to access it.

Natasha Etzel
Home Equity Loans

What is a home equity loan? Definition, rates, and how it works

A home equity loan turns your equity into cash for a renovation or almost any goal. Find out if you qualify!

Ben Gran

Ben Gran

Author

Home Equity Loans

Second mortgage vs. home equity loan: What's the difference?

Second mortgage or home equity loan: the financial plot twist where your home plays the hero in your cash crunch saga.

Kailey Hagen, CFP®

Most Popular

Most Recent

Home Equity Loans

How to get a home equity loan and what to expect

The process of applying and qualifying for a home equity loan has many steps. Find out what to expect here.

Home Equity Loans

HELOC rates: What homeowners should know

The rate you get on a HELOC determine what you pay monthly and overall. Learn more about HELOC rates here.

Home Equity Loans

Home equity loan rates and interest rate trends

Your home equity loan rate depends on a few different factors. Learn more here.

Home Equity Loans

HELOC vs. student loans: should you use home equity to pay for college?

Student loans are usually the right choice, but a HELOC could be right in a few situations. Learn more here.

Home Equity Loans

HELOC debt-to-income (DTI) ratio: What lenders consider

DTI impacts whether you get approved for a HELOC. Find out more here.

FREE APP DOWNLOAD

Start ditching debt for GOOD in 3 steps

See where your money’s going, make a smarter debt payoff plan, and get debt-free faster with the free Achieve GOOD™ app.

Home Equity Loans

How to build equity in your home: Six strategies to grow your wealth

Having more equity in your home means building real wealth. Find out how here.

Home Equity Loans

Home equity loan vs. HELOC: Which is right for you?

Two ways to borrow against equity in your home—but one of them is probably a better fit for your goals.