A Heloc can help you access the equity in your home on an as-needed basis through a revolving line of credit. The best Heloc rates are often offered to those with higher credit scores who meet other ...
Money’s main takeaways Home equity loans let you leverage the increase in your home’s value and use the proceeds for just about any purpose, from home renovations to consolidating high-interest debt.
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
A no doc HELOC, or no-documentation home equity line of credit, allows homeowners with nontraditional income to access their home's equity. It’s typically used by borrowers who can’t qualify based on ...
A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...
Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.
Becoming a homeowner is a major milestone, and the benefits don’t end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Gain the flexibility to use your home’s equity for your financial goals Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side.