Home equity loans, HELOCs and cash-out refinances are three popular ways to borrow money, using your home as collateral. A cash-out refinance replaces your existing mortgage while home equity loans ...

Both products provide financing with traditionally low rates, but there are unique benefits and downsides to both.

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Home equity loans are popular among borrowers who want to use the funds for home improvement projects or to pay off or consolidate high-interest debt. Tips for Comparing Home Equity Loans There are a ...