Dec 13, 2023 ... How do home equity loans work? They create a second mortgage against your home for the amount of equity you want to turn into cash.

A home equity loan lets you borrow money based on the value of your home. It's a second mortgage, but you can use the money for whatever you need.

Debt consolidation refinances increase mortgage debt, reduce equity, and extend the term on shorter-term debt and secure it with your property.

Aug 19, 2025 ... A home equity loan (HEL) is a second mortgage that you take out against your house for the equity you want. So, if you need $25,000 to pay off ...

Tap into your home's equity – without giving up a low rate on your current mortgage. See what a Home Equity Loan from Rocket Mortgage® can unlock for you.

Jun 2, 2025 ... For homeowners looking to convert home equity into cash, a cash-out refinance can be a great option.* Interest in these refinances has ...

Need Cash? We Can Help. Our home loan experts can help you find the best option to refinance or tap into your home's equity to get cash for remodels, repairs ...

Our home loan experts can help you find the best option to refinance or tap into your home's equity to get cash for remodels, repairs and more. Call today or ...

Home equity loans** create a second mortgage against your home. For that ... Homeequity loans and homeequitylinesof credit (HELOCs) allow homeowners to ... page.

Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Home equity loans and home ...