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 our picks for the best options below.
If you want to tap into your home equity without taking on debt, a home equity sharing agreement can be a good choice.
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.
It can be difficult to qualify for home equity loans with bad credit. But, there are ways to improve your chances of getting a bad credit home equity loan.