Home equity loans are lending vehicles that enable a homeowner to borrow against the value of their home minus any outstanding mortgage debt. In essence, this is a loan against the value a homeowner has already paid for. If, for example, a home is worth $100,000 and a homeowner has $50,000 in an outstanding mortgage debt, an equity loan might be feasible in the amount of $50,000. Home equity loans can be used by homeowners to achieve a number of different goals. Many people take out this type of loan to fund home improvements, pay for vacations or even fund higher educational pursuits. Equity loans can include revolving lines or credit, full refinance loans or second mortgages.
What Happens to Your Home Equity Line of Credit if the Lending Bank Fails
Your home equity line of credit will not be discharged if the lending bank fails. However, you may be unable to access the funds... »
What Happens to Your Home Equity Loan if the Lending Bank Fails
A home equity loan is one of the most complicated loans to handle when a lending bank fails. The main reason for this problem... »
Negotiation Tactics for a Home Equity Loan
Home equity loan negotiation tactics will affect both the size and expense of your new loan. The size of the loan depends mostly on... »
How to Know if a Home Equity Line of Credit is Right for You
A home equity line of credit is a unique lending instrument that allows you a lot of financial flexibility. The home equity line of... »
Recent Articles about
Home Equity Loans
- What Happens to Your Home Equity Line of Credit if the Lending Bank Fails
- What Happens to Your Home Equity Loan if the Lending Bank Fails
- Negotiation Tactics for a Home Equity Loan
- How to Know if a Home Equity Line of Credit is Right for You
- How to Correct Errors on Your Home Equity Loan Application
- What Happens if You Make an Error in Your Home Equity Loan Application
- Your Home Equity Loan Application Basics
- 4 Mistakes First Time Homeowners Make Taking Out a Home Equity Loan
- How to Pay for a Home Renovation
- How a HELOC Can Benefit the Self-Employed
- 3 Smart Tips for Using Your Home Equity Line of Credit
- 3 Smart Tips for Using the Funds from a Home Equity Loan
- 3 Features to Look for in a Home Equity Mortgage Loan
- 4 Steps to Refinancing a Home Equity Loan
- 4 Hidden Costs of Home Equity Loans
- Tapping Your Home Equity for a Second Loan
- When to Avoid Using Home Equity for Home Improvements
- Financial Freedom: How Much Can I Earn from a Reverse Mortgage
- Where to Find Reverse Mortgage Lenders
- Typical Closing Costs for Reverse Mortgage
- Are Reverse Mortgages a Good Option for Seniors?
- Reverse Mortgages Pros and Cons
- Avoiding Foreclosure During Rough Economic Times
- Bad Credit and Home Refinance
- Home Equity Debt Consolidation Loan Options: HEL vs. HELOC
- 12 Benefits of a 30 Year Home Equity Loan
- Your Equity Loan: 4 Key Facts
- No Equity Loan Pitfalls Revealed
- All About Home Equity Loans
- How to Apply for a Home Equity Loan
- What You Should Know About the 125% Home Equity Loan
- How a 100 LTV Home Equity Loan Works
- Debt Consolidation with a Home Equity Loan
- Understanding Home Equity Loan Tax Deductions
- Debt Consolidation for Your Home Mortgage Loan Simplified
- Use a Home Equity Debt Consolidation Loan for Streamlining Payments
- The Hidden Costs of a 125 LTV Home Equity Loan
- Is a 125 Equity Loan a Good Idea?
- When to Apply for a 100 Home Equity Loan
- Home Loan Debt Consolidation vs. Home Equtiy Loans
- The Difference Between a Home Equity and Mortgage Loan
- Jump Start Your Remodeling with a No Equity Home Improvement Loan
- Getting a Home Equity Credit Loan
- Home Equity Loan Fees
- Home Equity Loan FAQ
- Equity Mortgage Loan
- No Cost Home Equity Loan
- Are Equity Loans Tax Deductible?
- Interest Only Equity Loan
- Home Equity Mortgage Loan
- Getting a Home Equity Fixed Loan
- Mobile Home Equity Loans
- Top 10 home equity loan mistakes
- What is the difference between a HELOC and a Home Equity loan?
Home Loans
- 4 Reasons to Choose Loan Modification over Bankruptcy
- When Adjustable Rates are Beneficial
- How a Slow Economy Affects Mortgage Refinance Rates
- What Happens to Your Mortgage Loan when the Lender Changes Ownership?
- How the Home Affordable Refinance Program (HARP) Can Help Home Owners
Student Loans
- Getting Student Loans Consolidated with the Best Interest Rates
- What Happens to Your Private Student Loan when the Lender Changes Ownership?
- Comparing Your Student Loan Repayment Options
- What is the Student Loan Forgiveness Program for Teachers
- Student Loan Repayment: What is Military Service Deferment?