When it comes to home equity, there are numerous advantages to utilizing those funds over your other options. The most important thing to realize is that your home’s equity is worthless unless you find a good way to use it.
Your home can be an excellent source of financial security. But you must take care and caution to ensure you use home equity responsibly.
cuinsight.com
How home equity lenders must beat back online threats
Home equity lenders aren’t just competing with each other, but also with online providers of personal loans. All indications are that the speed, convenience, and generally superior digital experience offered by fintech lenders in the unsecured space is more appealing to consumers. Consumers don’t much care that unsecured personal loans typically carry higher interest rates …
usatoday.com
How to decide if a home equity line of credit
Deciding if a HELOC is right for you means asking questions. You’ll find answers below to some of the most common ones, in 10 words or less.
cuinsight.com
3 questions to ask before tapping home equity
It’s been a good summer for home values, and it may spark dreams of how you can put the equity in your home to good use. What is home equity? It’s the difference between the current market value of your home and how much you still owe on your mortgage loan. As the value of …
marketwatch.com
How to use home equity to fund your retirement
Clearing up the confusion on how to responsibly leverage your equity to help fund retirement.
cashay.com
What is a home equity line of credit (HELOC) and how does it work?
One of the most popular means of getting credit over the past decade or so has been the home equity line of credit.
wrenews.com
Hall Financial: Why refinancing can increase your home equity
As a homeowner, you’ve worked hard paying off the mortgage on your house and updating it when you can. Now it’s time for the house to work for you! Low rates mean there’s a bit more equity in your home, which is an opportunity to use that equity to put some money in your pocket or purse.<br>David Hall from Hall Financial explains how you can make your home equity work for you by refinancing your home for a lower rate.