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.
EasyKnock is a financial product that lets homeowners get cash from their home equity without moving. EasyKnock buys homes, and then allows sellers to stay as tenants. Homeowners have the option to repurchase the home or move.
Timeshares can be expensive so you may have to borrow money to buy one. Timeshare salespeople often pitch lenders you can borrow from, but you could potentially qualify for a better timeshare loan by comparing lenders online.
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 […]
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.
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.
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.
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.
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.