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02
Oct
HELOC vs. Home Equity Loan: Which is Right for You?

Both home equity loans and home equity lines of credit can be useful tools for homeowners who need access to affordable financing. Home equity loans are usually fixed-rate loans paid out as a single lump sum, while home equity lines of credit work as a credit line with a variable rate and flexible withdrawals over time.

Posted in: Home Equity, Learn More,
13
Feb
How to Refinance a HELOC

Refinancing a HELOC can help you achieve more manageable payments, lower your interest rate, or access more cash for additional expenses. This guide shows you how to do it.

Posted in: Home Equity, Learn More,
05
Feb
How Interest-Only HELOCs Really Work

Interest-only HELOCs can be a good way to tap your home equity, but they do have disadvantages. Should you use one for your financial needs? This guide can help.

Posted in: Home Equity, Learn More,
30
Jul
Second Mortgage vs. Home Equity Loan: Which Is Better?

If you are looking for a way to get some extra cash to pay off credit card debt, send your kids to college, take a big vacation, or renovate your home, you have probably found a second mortgage or home equity loan as an option. A “second mortgage” is a generic term that is used to […]

Posted in: Home Equity, Learn More,
27
Jul
Cash-Out Refinance vs. Home Equity Loan: Which Is Better?

If you are looking to access some cash from the value of your home, you have two types of loans to consider. A home equity loan is a second loan on your residence that allows you to borrow against the equity you have in your home. A cash-out refinance loan, on the other hand, lets […]

Posted in: Home Equity, Learn More, Mortgages,