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Home Equity Loans

Latest on home equity loans:

Current Home Equity Loan Rates in June 2025

Thinking of tapping into your equity? According to Bankrate’s national survey of rates, average home equity loan rates currently range from 8.04% to...

RenoFi Review 2025: Helping New Homeowners Renovate on a Tight Equity Budget

RenoFi serves as a lending matchmaker for homeowners who need funds for a renovation but...

The 3 Different Types of Home Equity Loans: HEL/HELOAN, HELOC, Cash-Out Refi

Choosing the right home equity option depends on your financial goals and needs. A HELOC...

How to Finance Your Airbnb With a Loan [6 Strategies]

Thinking about turning a property into a thriving Airbnb? There are several creative ways to...

What Is a Second Mortgage? How It Works and Expert Recommendations

Do you know how much your home is worth? According to CoreLogic, the average homeowner...

Second Mortgage vs. Home Equity Loan vs. HELOC: What’s the Difference?

If you’re a homeowner who wants to tap into your home equity, you have several...

How to Access HELOC Funds: 5 Ways to Withdraw

One of the defining features of home equity lines of credit (HELOCs) is their versatility. You can borrow money, repay it, and borrow...

What Is an Automated Valuation Model (AVM), and How Does It Work?

As technology has evolved, so too have real estate professionals’ and lenders’ toolkits for simplifying...

How Long Does It Take to Get a Home Equity Loan?

Based on our research of several lenders, closing times for home equity loans are around...

The 17 Pros and Cons of Home Equity Loans

Home equity loans let homeowners borrow a lump sum against their home’s equity—often at lower interest rates than unsecured loans. With predictable payments,...