Home Equity Loan
Borrow money based on the difference of your home’s market value, and the mortgage amount owed. You can take out a lump sum and make monthly payments, or qualify for a home equity line of credit (HELOC) and borrow only what you need.
- Ideal for home improvements or college expenses
- Compare lenders based on APR, closing costs, and fees
- Might be easier to qualify than some other loans