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 your home.

We're making it easier than ever to get cash faster! Many of our home equity loans don't require a home appraisal—putting even more money in your pocket.

The higher your credit score, the more cash you might be able to take out. You have a maximum debt-to-income (DTI) ratio of 45%.

All loans are subject to credit and property approval. This offer is non-transferable and may not be combined with any other mortgage offer. Advertised offer is ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to .. page. Credit Score to Refinance Mortgage | . page. Home Equity Loan | Rocket .

Additional restrictions/conditions may apply. ²Home Equity Loan product requires full documentation of income and assets, credit score and max loan-to-value ( ...

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. page.

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 ...

Aug 6, 2025 ... You'll have less of a balance on your cards, but more on your home loan. The equity you took out as cash will be added to your new mortgage's ...

Oct 5, 2016 ... Annual Fees are charged once a year for having a home equity line of credit available. Up to $75. Assumption Fee (credit qualifying).