Category: Home Equity

Understanding credit scores and credit reports is crucial for anyone looking to achieve financial success.

We’ll show you what home equity is and how you can use it to access low-cost financing through a home equity loan or home equity line of credit.

Updating an inefficient or outdated HVAC system can improve your quality of life, lower your energy costs, and increase your home’s value.

You want a home that’s a good fit for your family. You could renovate your current place, or you could move. Which is the right option for you?

It’s time to get serious about paying off credit card debt.

Knowing when each type of credit inquiry may occur can help you better identify them and avoid unnecessary hits to your credit score.

There are many ways to use the equity in your home, you can use it for planned expenses or have it ready for the unexpected. In this video, we compiled six of the most common reasons people may tap into the equity in their home.

If you own a home, building home equity — the value of your home minus what you owe on your mortgage — is an important long-term strategy for building wealth. That’s because home equity is a resource you can borrow against to pay off debt or make investments that help your money grow. With this in mind, you may be wondering how much equity you have in your home, how you can access it, and how you can use it to build your financial future.

Whether you're ready to stop renting or already live in your forever home, understanding the difference between a traditional mortgage and a home equity loan is no less confusing. While both loan products are related to homeownership, they are not the same. Understanding how and why they differ could help clarify if either could be beneficial to you.

Home values are on the rise across the country, which is excellent news for homeowners. Qualified borrowers can use a home equity line of credit (HELOC) to access the monetary difference between their home's market value and any loan balances or liens owed on the property. These funds can be used for almost any purpose, but homeowners who are strategic with their HELOC spending can enhance their financial standing before year-end. Here's how.