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.

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.

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 ... 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 ...

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 ...

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.

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

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 ...

Home equity loans and home equity lines of credit (HELOCs) allow ... heloc+loan. A home equity loan lets you borrow money based on the value of . page. Get ...