Beware of high costs when considering a reverse mortgage, which can drain your home equity. If you cannot repay the loan upon your death, your kids might not inherit the family home since it will ...

There are some credible reasons to borrow home equity from a paid-off home. Here are three owners should consider.

A group of state representatives in Hawaii are calling for the establishment of a state-specific Home Equity Conversion ...

Seniors should carefully evaluate both home equity borrowing options before applying. Here's what to consider now.

A home equity line of credit, or HELOC, is a second mortgage that lets you convert some of your equity in your home back into debt in exchange for cash. Your equity is the value of your home ...

HELOC rates are a little higher than current mortgage rates, but they could still allow a homeowner to save money on borrowing for construction costs or consolidating debt when compared to ...

Affordable Loan Solution® mortgage, jumbo, medical professional, refinancing, HELOC Who's this for? If you prefer to apply in person, Bank of America has nearly 3,800 branches nationwide and ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor ... If you’ve built sufficient equity in your home, a home equity line of credit (HELOC) can be a good option to access the ...

Three-quarters of homebuyers take out a mortgage to finance their purchase, which adds even more layers of complexity. If you're new to the process, you may be asking, "Where do I even begin?" ...

How are home equity loan rates determined? As with mortgages and other consumer interest rates, home equity loan rates are affected by both the borrower's financial profile as well as larger ...