A home equity loan lets you use the equity in your home as collateral for a loan. Learn what a home equity loan is, how home equity loans work, and the home equity loan process.
A home equity line of credit (HELOC) is a line of credit secured against your available home equity that lets you withdraw funds when needed and pay interest only on your balance.
The home equity loan process entails completing an application and submitting documents for verification and processing. Get a preview of the home equity loan process here.
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