Home equity

#INFOGRAPHIC: Home Equity / Credit: National Reverse Mortgage Lenders Association (NRMLA)

10 Things you need to consider before getting a Home Equity Loan.

Home equity can be a major benefit of buying a home. You can find many amazing places to rent, but if you’re the tenant and not the owner, then you won’t benefit when the property value goes up. The difference between your current home value and the amount of your mortgage loan is called equity. The equity in your home can be cash in your pocket with a home equity line of credit (HELOC). What is a HELOC? Check out this guide to understanding when and how to use a home equity line of credit.

Your home is a big asset and if you have equity, even better. Here's how to use it to your advantage. Photo credit: Panoramic Images/Getty Images

Tapping Home Equity (Oct. 15, 2018)

The equity in your home represents possibilities. You can choose to tap into that value, giving you funds for a range of needs. But you may be wondering, “Exactly how can I use the equity in my home? Are there rules or limitations?” Fortunately, the world of home equity isn’t as complex as it might …

Do you plan to apply for a home equity line of credit? Check out the common mistakes and how you can avoid them

Are there other ways to use your home's equity than a HELOC or refinance or selling? Here are a couple of options and what's best for your needs.

Just like anything else, home equity agreements, i.e., home IPOs are not perfect, but there are a lot of positives that we should consider. Here are some of them.

Do you see those commercials saying things like “If you own your own home YOU could qualify for one of our loans” and think “How…