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Chase relaunches its HELOC — Here's what homeowners need to know

A HELOC is a revolving line of credit backed by the value of your home. Typically, a HELOC has a 10-year draw period followed by a 20-year repayment period. It is often referred to as a second ... read more

What to know about maxing out a HELOC, lending experts say

"Someone who is maxing out a HELOC is at risk of putting themselves in a sticky situation financially and may find that it also impacts their ability to get out of the loan, as a lower credit score ... read more

Here's how to use (and not use) your home equity this fall, according to experts

Home equity loans and HELOCs can help you improve your financial position when used wisely this fall. Here's how. read more

Do you need a home appraisal to qualify for a HELOC or home equity loan?

Achieve reports that while a home appraisal is usually required for a HELOC, some lenders may use a digital appraisal to expedite the process. read more

What you need to know about home equity loans

If you have large or unexpected expenses on the horizon, you may have access to an untapped resource: your home. You could use some of the equity you've built up ... read more

Should you use home equity to pay off your student loans this fall?

There are some benefits to the approach now but it won't be right for everyone. Here's what experts say to consider. read more

A home-equity loan may take weeks (but no need to tidy up the house)

U.S. homeowners are sitting on a record $34.5 trillion in home equity, and more are tapping that mountain of accessible assets. Home equity available to homeowners has risen by $600 million since the ... read more

How seniors can borrow home equity without refinancing now

Don't want to give up your existing, low mortgage interest rate? You won't have to with any of these three options. read more