Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.

The main alternative to a no-appraisal home equity lender is one that requires a full appraisal. This can extend the time it ...

Homeowners looking for tax breaks often hear conflicting advice about whether interest on a home equity line of credit still ...

Say your home is worth $400,000. Lenders will typically allow you to borrow between $320,000 to $340,000, including your ...

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...

Learn how HELOC interest can be tax-deductible when used for home improvements, and understand the IRS rules and limitations ...

When you pay down your mortgage, see your house appreciate rapidly in a hot housing market, or boost its value through home improvements, you build home equity. That’s an asset you can borrow against.

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...

If you put less than 20% down on your home, you probably lack sufficient equity to obtain a home equity line of credit immediately after purchase. It’s every homeowner’s worst nightmare: You move into ...

If you qualify and have sufficient equity after refinancing, you may be eligible for a home equity line of credit or HELOC. Refinancing can bring significant savings but may also deplete your cash ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...