Home equity loan tips

Featured resources

Woman laying in hammock hanging in enclosed sun porch surrounded by trees.

5-minute read

The complete guide to 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 how to use a HELOC and other ways to make your down payment.

6-minute read

What is a second mortgage and how does it work?

A second mortgage is a lien taken out against a property that already has a home loan on it. Figure out how this type of mortgage works.

A man engaged in a phone conversation in a kitchen setting, potentially discussing homeownership, property management, or financial matters.

7-minute read

What to know about home equity loans for debt consolidation

Using a home equity loan for debt consolidation can reduce the interest you’ll pay. Uncover several pros and cons of using home equity to consolidate debt.

Couple snuggling on couch and reviewing information online on open laptop.

4-minute read

How to apply for a home equity line of credit (HELOC) in 6 simple steps

Review the basic requirements for a home equity line of credit (HELOC) and check out step-by-step instructions on how to apply for one.

Bathroom mid-renovation with new white tile and dark wood vanity.

6-minute read

HELOC vs. home equity loan: Which is best for you?

Trying to decide between a HELOC and a home equity loan? Learn the differences between these borrowing options and how to choose which is best for you.

Mother kissing baby on cheek at home on couch.

9-minute read

Home equity loans: A complete guide

A home equity loan allows you to use the equity you’ve built in your home as collateral to borrow money. Find out how these loans work.

Home with Texas state flag hanging above the porch.

5-minute read

What you need to know about home equity loans and cash-out refinances in Texas

If you’re looking to do a home equity loan or otherwise do a cash-out refinance in Texas, you should know there are some special rules to follow.

A professional appraiser meticulously inspects a property, examining its features and documenting findings.

7-minute read

Home equity loan appraisal: What you need to know

Will your home equity loan require an appraisal? Most likely, so explore our guide to learn more about home equity loan appraisals and how you can prepare.

A couple inside a new house, engaged in the unpacking process.

5-minute read

Can I use a home equity loan to buy another house?

Wondering if you can use a home equity loan to buy another house? Read our article to learn how the process works and to explore both the pros and cons.

A man calculating debt, potentially involved in financial planning or debt management.

6-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.

Middle aged couple sitting on couch, holding a tablet and looking at each other.

8-minute read

How long does it take to get a home equity loan?

It takes time to apply and get approved for a home equity loan. Find out about how long the process takes from start to finish, as well as what to expect.

8-minute read

Can you get a home equity loan on a manufactured home?

As a manufactured homeowner, you may be wondering if you can tap into your home equity. Learn how to take out a home equity loan on a manufactured home.

An analyst working in an office setting, focused on a laptop.

8-minute read

7 home equity loan options to consider

There are several options to leverage your home’s equity. Figure out which one works best to reach your future goals.

Man working a laptop, drinking coffee at a cafe with a living wall behind him.

6-minute read

Home equity loan approval when you're self-employed

Getting approved for a home equity loan looks a little different when you’re self-employed. Learn what lenders look for and explore some alternative options.

Woman Sitting at desk in striped shirt looking at a laptop and holding a pen.

4-minute read

What is the minimum credit score for a home equity loan?

Interested in a home equity loan, but unsure your credit score is high enough? Learn the minimum credit score for a home equity loan and other requirements.

Group of business people gather at a table around an open laptop computer.

6-minute read

How to use your home equity to build a business

Homeowners with enough home equity can leverage those funds to cover business purchases. Learn how and determine if this option suits your financial situation.

7-minute read

How many home equity loans can I have?

While having multiple home equity loans is uncommon, you can have as many as you qualify for. Learn how it works when you have more than one home equity loan.

Happy couple standing in a new modern kitchen.

8-minute read

Using a home equity loan for your remodel: What to know

If you’ve built equity in your home, you can fund a remodel with a home equity loan. Learn the pros and cons of using a home equity loan for a remodel.