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Home Equity Loans

A home equity loan is a type of loan that allows you to borrow money using the equity in your home as collateral. With a home equity loan, you borrow a lump sum of money upfront and repay it over time with fixed monthly payments. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to home equity loans.

Reverse Mortgage Net Principal Limit: Definition, Calculation, and Implications Thumbnail

Reverse Mortgage Net Principal Limit: Definition, Calculation, and Implications

Alessandra Nicole

What is a Future Advance? Example & Implications Thumbnail

What is a Future Advance? Example & Implications

Alessandra Nicole

What is Reverse Mortgage? Should you get it instead of a personal loan? Find out Thumbnail

What is Reverse Mortgage? Should you get it instead of a personal loan? Find out

Gina Young

Second Mortgage: How it Works, Types, and Examples Thumbnail

Second Mortgage: How it Works, Types, and Examples

Silas Bamigbola

Mortgage Pools: Definition, How They Work, and Benefits Thumbnail

Mortgage Pools: Definition, How They Work, and Benefits

Dan Agbo

Cash Equity: Understanding Its Significance and Application Thumbnail

Cash Equity: Understanding Its Significance and Application

SuperMoney Team

Mortgage Equity Withdrawal (MEW): Unlocking Home Value with Examples Thumbnail

Mortgage Equity Withdrawal (MEW): Unlocking Home Value with Examples

SuperMoney Team

What Is a Mortgage: Complete Guide for 2026 Thumbnail

What Is a Mortgage: Complete Guide for 2026

Andrew Latham

Junior Mortgages: Definition, Strategies, and Real-Life Scenarios Thumbnail

Junior Mortgages: Definition, Strategies, and Real-Life Scenarios

SuperMoney Team

Reverse Mortgage Initial Principal Limit: Definition, How It Works, and Examples Thumbnail

Reverse Mortgage Initial Principal Limit: Definition, How It Works, and Examples

SuperMoney Team

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Learn About Home Equity Loans

Thumbnail for Blog Article: What Happens When an HEI/HEA Term Ends?

What Happens When an HEI/HEA Term Ends?

Andrew Latham

Thumbnail for Blog Article: How Do HEI/HEA Agreements Work?

How Do HEI/HEA Agreements Work?

Andrew Latham

Thumbnail for Blog Article: Home Equity Investment vs HELOC: Which Is Better for Accessing Your Equity?

Home Equity Investment vs HELOC: Which Is Better for Accessing Your Equity?

Andrew Latham

Thumbnail for Blog Article: Pros and Cons of a Home Equity Investment

Pros and Cons of a Home Equity Investment

Andrew Latham

Thumbnail for Blog Article: Free Financial Calculators: Mortgage, Retirement & Home Equity

Free Financial Calculators: Mortgage, Retirement & Home Equity

Andrew Latham

Thumbnail for Blog Article: Best Loans for Real Estate Investors: Top Financing Options to Build Your Portfolio

Best Loans for Real Estate Investors: Top Financing Options to Build Your Portfolio

Andrew Latham

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About Home Equity Loans

A home equity loan is a type of loan that allows you to borrow money using the equity in your home as collateral. With a home equity loan, you borrow a lump sum of money upfront and repay it over time with fixed monthly payments. This can be a good option if you need a large amount of money for a specific purpose, such as consolidating debt or making a major purchase.