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.

Mar 1, 2024 ... A cash-out refinance or home equity loan (HEL) can both turn your home equity into cash, but a major difference is that one will leave you with two mortgages ...

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 more.

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.

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 ...

Get Cash Without Refinancing. With Mr. Cooper's home equity loan, you may be able to access your home's equity without losing the rate on your first mortgage.

Homeequity loans and homeequitylinesof credit (HELOCs) allow homeowners to tap into the value of their home... Learn how a homeequity loan works, ...

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—like home ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. Learn how a home equity loan works, how to ...

Home Equity Loan Benefits: ... Access your home's equity while protecting your current low rate. ... Get a lump sum payment and use it for anything. ... You'll get ...