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 ... 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 ...

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 ...

Need Cash? We Can Help. Our mortgage experts can help you find the best option to refinance or tap into your home's equity to get cash for remodels, repairs and ...

A cash-out refinance increases your mortgage debt and reduces equity. It may increase the total number and amount of monthly payments, total finance charges, ...

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 ...

Debt consolidation refinances increase mortgage debt, reduce equity, and extend the term on shorter-term debt and secure it with your property. blog. How To Pay ...

Home equity loans** create a second mortgage against your home. For that ... Homeequity loans and homeequitylinesof credit (HELOCs) allow homeowners to ... page.

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 ...