Tapping into your home equity now could be smart, but it depends on your situation. Here's what some experts suggest.

There are two types of second mortgages that allow you to leverage the value of your home: the home equity loan and home ...

Deciding between home equity loan vs HELOC? Learn the difference between the two and when you may want to choose one over the ...

For many, using home equity as a funding source has been a good option in recent years. While interest rates soared on credit ...

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

The most creditworthy borrowers have the best odds at snagging the best HELOC rate, which should beat out today’s overall ...

HELOC: A variable-rate line of credit based on your home value that you can continually borrow from and pay back over a set time frame. Home Equity Loan: A loan that lets you borrow against the ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... not include information about every financial or credit product or service.

One way to do this is through a home equity line of credit, or HELOC, which allows you to borrow against the value in your home and repay the money, plus interest. Before getting a HELOC ...

A home equity line of credit, or HELOC, can be an affordable and flexible borrowing option for homeowners who qualify. Once you’ve taken out the loan, you can use the funds for almost any purpose.

you probably lack sufficient equity to obtain a home equity line of credit immediately after purchase. Picture this: You move into a stunning new home that has everything you’ve ever dreamed of ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. A HELOC, or home equity line of ...