Home Equity Loan: How It Works, Rates, Requirements, and Calculator

Home Equity Loan vs. HELOC: What's the Difference?

Thinking about using your home’s equity? It’s important to weigh your choices. Here’s a simple breakdown of **Cash-Out Refinance vs. HELOC** to help you decide: **Cash-Out Refinance** - Replaces your existing mortgage with a new, higher-balance loan - Provides a lump sum of cash—usually with a potentially lower interest rate - Ideal if you want to refinance for better terms and unlock equity at the same time **HELOC (Home Equity Line of Credit)** - Functions as a revolving credit line backed by

Cash-Out Refinancing: What It Is, How It Works | Bankrate

Current Home Equity Loan Rates In February 2026 | Bankrate

Refinancing: 5 Key Considerations Before You Act

Refinancing A Mortgage: What It Means, How It Works | Bankrate