A HELOC can be a smart borrowing tool — but only if used for the right reasons. Here's how to do that this summer.

Home equity lines of credit are being pushed hard by banks and lenders, even while delinquencies are on the rise. But why?

A reverse mortgage is ideal for seniors who may have limited financial resources, as no payment is required. So if you have ...

Founded in 2018 by SoFi's Mike Cagney, fin-tech startup Figure is one of the largest providers of home equity lines of credit ...

Lenders tend to offer differing rates for home equity loans and HELOCs — and there are a few drivers behind that trend. . As ...

Home equity loan and HELOCs rates are based on a benchmark interest rate (the “index”), plus an additional amount set by the ...

Borrowers can pay off a HELOC early at any time during the draw period or repayment period. Paying off a HELOC is not the ...

MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the ...

Home equity loans and HELOCs are second mortgages that allow you to borrow against the equity you've built up while paying ...

If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that ...

A HELOC draw period is the number of years you can withdraw funds from your home equity line of credit. During this time, you ...

Using a HELOC to pay off your mortgage may help you lower your interest rates on your home loan, potentially giving you a ...