Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum laude from Colgate University with a bachelor's degree in English literature....
Home equity loans are just one way to access your home's untapped equity. If you're considering borrowing against your property, you might also consider a home equity line of credit, or HELOC, and cash-out mortgage refinancing. Here's how your options compare: Home Equity Loans HELOCs Ca...
How to choose the best home equity loan Many lenders have fixed loan-to-value (LTV) ratio requirements for their home equity loans, meaning you'll need to have a certain amount of equity in your home to qualify. Lenders will also factor in your credit score and income when determining you...
If you prefer to work with a credit union, Patelco Credit Union is our top pick for home improvement loans. It offers a large loan amount range of up to $100,000, which can fund a wide variety of home improvement project types. Patelco has a competitive APR range and no origination ...
I’ve spoken with experts about how these lines of credit work andwhere to find the best rates. Here’s what you need to know to determine if aHELOC is the right fit for you. This week’s HELOC rates Here are the average rates for home equity loans and home equity lines of credit ...
The Bottom Line Understanding Borrower Risk and Credit Terms Co-Signers vs. Co-Borrowers Should You Apply For a Personal Loan With a Co-Signer or Co-Borrower? When Personal Loans with Co-Signer or Co-Borrower Might Be a Good Idea When It's Not a Good Idea Reasons To Secure Loan...
Traditional banks, credit unions and online lenders offer personal loans for good-credit borrowers. You can choose from among many lenders offering personal loans if you have good credit. Here's a look at how different types of lenders may stack up: Your financial institution. If you have ...
How to choose the best home equity loan Many lenders have fixed loan-to-value (LTV) ratio requirements for their home equity loans, meaning you'll need to have a certain amount of equity in your home to qualify. Lenders will also factor in your credit score and income when determining ...
Business Loans from Credit Unions Business Loans for Bad Credit Fast Business Loans Business Credit Line Business Credit Cards ‹› Shop Around Best Personal Loans for Good Credit of January 2025 When searching for a personal loan, you can browse products offered by lenders or use loa...
This can include paying off debt in full, making on-time payments and not applying for any other credit that could result in a hard credit check — and reduction in your credit score. The bottom line Home equity loans offer homeowners a smart and cost-effective way to finance major ...