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

For borrowers who want the consistency of an interest rate and monthly payments that don't change, a home equity loan is a good fit. Furthermore, home equity loan rates are relati ...

or home equity loan, then your LTV is once again important. These lenders will look at your combined loan-to-value ratio, or CLTV, which includes both your primary mortgage and any additional ...

Current home equity loan rates are a little bit lower than current HELOC rates. If you're looking to fund a home improvement project or repair, a home equity loan can be an affordable way to do so.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held ...

including with a home equity loan, HELOC or cash-out refinance. It can be easier to qualify for a loan on a paid-off house, but you face the risk of losing your home if you can’t repay it.

Make sure you have enough equity. Lenders have restrictions on how much you can borrow. Your combined loan-to-value ratio (LTV) — your primary home and your home equity loan — can’t be more ...

With a home equity loan, you can borrow against the value of your property to fund renovations, start a business, consolidate debt or cover other major expenses. Home equity loans have lower ...

She writes about small business, personal finance, technology, and more. Maskot / Getty Images A home equity loan and a personal loan both offer one-time, lump-sum payments that are required to be ...

Generally, home equity loans are larger and come with lower interest rates and monthly costs than a personal loan. Your interest payments are also tax-deductible if you use funds to buy ...