Best HELOC lenders Best brick-and-mortar lender: Bank of America Best for small withdrawals: Third Federal Savings and Loan Best for fixed-rate HELOCs: Bethpage Federal Credit Union Best for e ...

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 ...

With so much equity available, you might consider borrowing against it with a HELOC as an affordable option. These credit ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

Navy Federal Credit Union’s HELOC stands out for its long draw period of 20 years and lack of fees, but qualifications to join the credit union are narrow: eligibility is limited to current or ...

HELOC applications require a hard credit pull, which temporarily lowers your credit score. Closing a HELOC and carrying a big ...

There are several popular ways to liquidate home equity, including a home equity loan, home equity line of credit, cash-out ...

renovating or leveraging home equity may be a smart move," says Denya Macaluso, vice president of residential lending at MSU Federal Credit Union. "A home equity line of credit can be beneficial ...

PenFed, however, makes it simple by clearly listing on its website the documentation both W2 and self-employed workers need to qualify for a HELOC. The credit union provides competitive rates on ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...