Home Equity

13
Aug
Can You Take Out a Home Equity Loan on a Paid-Off House?

If your house is paid off and you need access to funding, you might be wondering if a home equity loan is an option for you. First, a home equity loan is a type of loan in which the borrower’s home serves as collateral for the borrowed funds. It is a secured loan that allows borrowers to […]

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13
Aug
Best Home Equity Line of Credit (HELOC) Rates & Lenders

HELOCs can help homeowners tap into the equity they have in their homes for relatively low-cost funding for things like a home improvement project. Learn more and find the best options below.

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08
Aug
Unison Review: Co-Buy a Home or Cash in Your Equity

Unison provides down payment assistance to homebuyers, and it offers homeowners the chance to cash out some of their home equity. There’s no loan payments to make. Instead, investors get a share of future home appreciation and a portion of the home’s value when you sell it.

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06
Aug
Rentback Review: Sell Your Home and Stay

Rentback is an alternative way to tap into your home equity that doesn’t involve taking out a home equity loan. Instead, Rentback connects you with an investor who will buy your home and rent it back to you. There are pros and cons to this approach, so keep reading to learn more.

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Tags: loan review, ptype_review,
06
Aug
Best Home Sale Leaseback Options of 2019

With a Leaseback agreement, you can sell your home, get equity out, and continue living in it by renting it back from the buyer. Leaseback agreements free up cash but you may pay above-market rent, and you won’t benefit from some of the perks of homeownership any more.

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29
Jul
Chase Home Equity Loan Review

Chase is a well-respected bank that offers a HELOC product without an application fee. However, there is no Chase home equity loan, and you do need to pay an annual maintenance fee on the HELOC.

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29
Jul
Bank of America Home Equity Line of Credit Review

Those interested in Bank of American home loans should know only HELOCs are available. These are still a solid option because of possible interest rate discounts and extensive online services. However, borrowers should only borrow what they know they can repay or risk losing their home to foreclosure.

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22
Jul
Irene Retirement Review: Sell Your Home and Stay in It

If you’re getting older, you may want to tap into the equity in your home. Irene Retirement lets you do that by selling your home while still retaining the right to live in it or rent it out. Find out more here.

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Tags: loan review, ptype_review,
22
Jul
Spring EQ Review: Access 100% of Your Home Equity

Spring EQ provides fast home equity loan funding and lets you borrow up to 100% of the value of your home. Rates are competitive and the process of qualifying is simple, but you will need a credit score of 640 or higher to get a loan.

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22
Jul
Equifi Review: Shared Equity in Your Home

Equifi lets you tap into home equity without taking a reverse mortgage or home equity loan. Equifi doesn’t require you to make monthly payments, but rather you pay Equifi back with the future appreciation of your home.

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