Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Home equity loans come with appealing tax benefits. But do they apply when using the funds to buy a second home?

A HELOC is a type of second mortgage that provides a revolving line of credit up to an established loan limit—similar to a credit card. This kind of loan allows you to tap the equity in your ...

What is a HELOC? A home equity line of credit (HELOC) is a type of second mortgage that homeowners can use to get cash to fund home improvement projects, debt consolidation, or other financial goals.

The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

What is a home equity loan? A home equity loan is a type of second mortgage that lets you borrow from the equity you have in your home. Home equity loans work by leveraging the wealth you've built ...

A home equity loan is a fixed-rate installment loan secured by your home as a second mortgage. You’ll get a lump sum payment upfront and then repay the loan in equal monthly payments over a ...

Experts recommend keeping HELOC borrowing small and short-term to avoid higher payments from rising rates. Consider ...

Besides selling the home, you can close out a reverse mortgage with a lump sum or series of cash payments, by refinancing it into a HELOC or other home equity product or by transferring ownership ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... Melissa Cohn has been in the mortgage industry for over 35 years. She began her career with CitiMortgage ...

If you own your home, your home equity may make it possible to access ... borrowers secure the most favorable terms." Your current mortgage lender may be a good place to start, but don't stop ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage ... a second home, consolidate debt or cover a major expense, a home equity loan ...