Using Your Home Equity

Tapping into your home equity can help you finance home improvements, make a large purchase, or pay off debt. Because home equity loans and home equity lines of credit use your home as collateral, they carry a lot of risk, so make sure you can handle the costs and payments that come with them.
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How You Can Build (or Lose) Equity in Your Home
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What Is the HUD-1 Settlement Statement, and When Is It Used?
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What's the Difference Between Home Equity Loans and Lines of Credit?
A homeowner sits on a couch looking at reverse mortgage requirements on a laptop.
Reverse Mortgage Requirements
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How Much Can You Borrow With a Home Equity Loan?
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Home Equity Loan vs. Personal Loan: What’s the Difference?
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Bad Credit? A Home Equity Loan Might Still Be in Reach
Tips to Build Equity: Increase the property value with regular home upkeep and updates to spaces like kitchens and bathrooms Accelerate the debt reduction process by making extra payments and choose shorter loan terms Borrow only what you need
When You Build Equity, You Own More of Your Home
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Equity of Redemption Can You Get Your Home Back After Foreclosure
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What Is a Subordinated Loan?
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What Is a Junior Mortgage?
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How Does a Home Equity Loan Differ From a Second Mortgage?
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Renovating your house? A HELOC could help.
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Learn About Losing Equity in a House and Find out Where It Goes