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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.

Understanding Proprietary Reverse Mortgages: How They Work, Pros & Cons Thumbnail

Understanding Proprietary Reverse Mortgages: How They Work, Pros & Cons

Abi Bus

What is a Growing-Equity Mortgage (GEM)? Explained: How It Works, Types, and Examples Thumbnail

What is a Growing-Equity Mortgage (GEM)? Explained: How It Works, Types, and Examples

Abi Bus

What is a Home Equity Conversion Mortgage (HECM)? Explained: How It Works, Eligibility, and Pros & Cons Thumbnail

What is a Home Equity Conversion Mortgage (HECM)? Explained: How It Works, Eligibility, and Pros & Cons

Alessandra Nicole

No Cash-Out Refinance: Exploring Its Benefits and Scenarios Thumbnail

No Cash-Out Refinance: Exploring Its Benefits and Scenarios

SuperMoney Team

Mortgage Equity Withdrawal: Definition, Examples, Risks and Rewards Thumbnail

Mortgage Equity Withdrawal: Definition, Examples, Risks and Rewards

SuperMoney Team

125% Loans: Definition, Risks, and Alternatives Thumbnail

125% Loans: Definition, Risks, and Alternatives

SuperMoney Team

Single-Purpose Reverse Mortgages: Overview, Benefits, and Considerations Thumbnail

Single-Purpose Reverse Mortgages: Overview, Benefits, and Considerations

Alessandra Nicole

Reverse Mortgage Payment Plans: Understanding Mechanics, Pros & Cons Thumbnail

Reverse Mortgage Payment Plans: Understanding Mechanics, Pros & Cons

Alessandra Nicole

Right Of Rescission: Definition, Origin, And Application Thumbnail

Right Of Rescission: Definition, Origin, And Application

Dan Agbo

Tenure Payment Plans: Definition, Benefits, and Examples Thumbnail

Tenure Payment Plans: Definition, Benefits, 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

Page 1 of 33

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.