Both HELOCs and home equity loans turn your home equity into cash, but that's done differently for each. With home equity ...

What's the Difference Between a Home Equity Loan and a Home Equity Line of Credit? With a home equity loan, you typically receive a one-time lump sum of money at a fixed interest rate that you ...

A home equity line of credit (HELOC) offers plenty of benefits ... minus the balance on your mortgage. The key difference between HELOCs and home equity loans is how you receive the money.

One of the cheaper ways to borrow, however, remains via a home equity loan. Interest rates on the product have declined ...

That means if the lender approves you for a HELOC, your maximum credit line is $90,000 ($425,000 *.80 – $250,000). While home equity loans come with a fixed interest rate, HELOCs have variable ...

With a home equity loan or a home equity line of credit (HELOC), you can draw on your equity for just about anything — to fund your business, pay off high-rate debt or update your home ...

A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...

Home equity loan rates have steadily declined over the last year. Here's what a $100,000 loan would cost monthly now.

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking ... Melissa Cohn has been in the mortgage industry for over 35 years. She began her career with CitiMortgage ...

Business loans are best for major projects, while business lines of credit make sense for ongoing costs. Many, or all, of the products featured on this page are from our advertising partners who ...

Your combined loan-to-value ratio measures the amount you owe on all home loans against the value of your house. Learn how ...

Both VA cash-out refinancing and home equity loans let homeowners access the equity in their homes, but they serve slightly different purposes and work in different ways. Your choice depends on ...