Home equity loan

Loan backed by the value of a home. If the borrower defaults or does not pay the loan, the lender has some rights to the property. The borrower can usually claim a home equity loan as a tax deduction.

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How Personal Loans Can Provide Cash Now

Unexpected financial needs can happen to anyone. But not everyone has the cash in the bank to cover a car repair, a trip to the ER or an unplanne…

Are Home Equity Loans a Cheap Way to Borrow Money?

Home equity lines of credit can be a cheap way to borrow money for home renovations, college bills or credit card debt. But is your home worth enough to support a second mortgage?

How to Use a Home Equity Loan or HELOC

As home prices continue to climb, home equity loans and lines of credit are becoming potential sources of extra cash for a growing number of homeowners. But you still need to be very careful when tapping the value of your home.

3 free ways to pay your mortgage faster

Paying extra on your mortgage can shave years off your home loan and save tens of thousands of dollars in interest charges. Here's how to get all of the benefits of paying off your mortgage more quickly without wasting hundreds of dollars a year on an accelerated payment plan.

8 Home Renovation Mistakes to Avoid

These are the predictable pitfalls that can turn the renovations of your dreams into a nightmare you'll be reliving, and possibly regretting, for years to come. Avoid them, and you'll dramatically increase the odds of bringing your project in on budget, on time and with absolutely delightful results.

10 Most Valuable Home Improvements

Making your home bigger, or nicer, always makes it worth more. But some projects offer a better return than others.