Home equity loan tips
Learn how to leverage your home equity with a home equity loan
Featured articles:
The pros and cons of home equity loans
Tapping into your home’s equity can help you finance many goals, but there are strings attached. Here are the basic pros and cons of home equity loans.
What can you use a home equity loan for?
A home equity loan can be a good option if you need a lump sum of cash. Discover what you can use a home equity loan for and how repayment works.
Featured resources

7-minute read
7 alternatives to a home equity loan
A home equity loan is a second mortgage that will give you a lump sum of cash, but it isn’t for anyone. Explore other options before deciding.
Read more

8-minute read
HELOC vs. home equity loan: Which is best for you?
Deciding between a HELOC and a home equity loan? Learn the key differences in interest rates, flexibility, and repayment to choose which is better for you.
Read more

7-minute read
Using a HELOC for a down payment on a second home
Want to use a home equity line of credit (HELOC) for the down payment on a second home? Learn about how it works and other options for funding a down payment.
Read more

7-minute read
Using a home equity loan to tackle credit card debt: A guide
Tackling credit card debt? Learn about using a home equity loan to pay it down, along with the benefits, drawbacks, and alternative methods.
Read more

5-minute read
Can you use a home equity loan to buy another house?
Can you use a home equity loan to buy another house? Yes, you can, but it's important to understand how it works and the benefits and drawbacks of doing so.<...
Read more

7-minute read
A guide to home equity loan closing costs
Home equity loan closing costs typically range from 3% to 6% of your loan amount. Explore t...
Read more