A home equity loan is also known as a second mortgage. Discover how this consumer loan can allow you to borrow against the ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Home equity is the portion of a house that the homeowner holds outright — the difference between the house's value and the total amount they owe on the home. As their equity increases, homeowners can ...