Home equity is the difference between your home's value and what you still owe on your mortgage. For example, if your home is worth $200,000 and your mortgage ...

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.

Aug 19, 2025 ... Using home equity to pay off student loans can be a smart option if you want to consolidate debt.* It can also provide a way to potentially pay ...

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 ...

*A second lien home equity loan is an additional loan with a different interest rate/APR and other terms, from the first mortgage. Second liens only available ...

Learn what you'll pay on your loan over time. Home Equity Calculator Estimate how much cash you have in your home.

Home Equity Loan product requires full documentation of income and assets, credit score and max loan-to-value (LTV), combined loan-to-value (CLTV), and home ...

Dec 13, 2023 ... A home equity loan (HEL) is a way to borrow money using the equity in your home as the collateral. It creates a second mortgage against ...

With a home equity loan, you may be able to access your home's equity without losing the rate on your first mortgage. It's never been easier to get cash for ...