Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...
A home equity loan lets you borrow against your home equity, which is the difference between your home's market value and the remaining balance on your mortgage. Like home equity lines of credit ...
Decide whether a home equity loan or line of credit is best suited for your financial goals ...
If you find yourself in need of extra financing right now and interest rates on personal loans or credit cards make you uncomfortable with using either product, you may want to consider a unique ...