Worried about getting your HELOC approved this May? Here's what lenders are looking for in a borrower right now.

An alternative — if you have sufficient home equity — is to take out a home equity line of credit (HELOC) on your current ...

While HELOC interest rates have ticked up in recent weeks, there are still smart ways to get a rate below 8% now.

Home equity loans come with fixed interest rates, monthly payments, and repayment timelines. You can use them for paying off credit card bills, consolidating debt, and making home improvements.

While you can use a HELOC for most expenses, be mindful that you’re taking out a loan that uses your home as collateral. Think twice before getting a HELOC for nonessentials like a luxury ...

"A variable-rate HELOC can be risky, especially if you have a high debt-to-income ratio, meaning you already owe a lot ...

Bathroom renovations can also recoup between 96.1% to 32.6%. "Investing in room renovations is a great way to use a HELOC," Stuart said. "These projects add to a home's identity, and can make a ...

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...

A 2024 AARP report found that 75% of Americans ages 50 and over want to age in place — meaning they’d prefer to stay in their current homes rather than relocate or downsize. However, if you ...

Tapping into your home equity is a pretty straightforward way to access cash that might otherwise be hard to come by, and a ...

HELOCs and other home equity products use your home as collateral, meaning you could lose it to foreclosure if you can’t keep up with your monthly payments. If your emergency poses a long-term ...