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

The housing boom that occurred over the last several years helped drive a significant uptick in home equity, resulting in the average homeowner having about $319,000 worth of equity in their home ...

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 ...

There are several ways to use the value of your home to access cash. Two main ones are a cash-out refinance mortgage and a home equity line of credit, or HELOC. Both options leverage your home equity, ...

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 ...

Payments here may be more affordable than you think. Here's what you'd pay each month if you took out the loan now.

With Americans collectively sitting on record-high $11.6 trillion in tappable home equity as of August 2025, which explains why so many are turning to home equity lines of credit (HELOCs) to access ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

When a large, unexpected expense crops up, you don’t want to increase the cost by using a less-than-optimum way to raise the needed cash. Explore the options and select the best one for you. An ...

The holiday season usually means Americans are running up their credit card debt. Come January, lenders are typically fielding a plethora of inquiries for home equity lines of credit for people ...

A first-lien HELOC is a home equity line of credit that holds the primary lien position on a property, meaning it takes precedence over any other liens or mortgages in the event of foreclosure. If ...

Is borrowing against your home equity to pay off your mortgage possible, and does it make sense? Here's what you need to know before taking out a home equity loan.