Nov 11, 2025 · What Is a Home Equity Loan? A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage —is a type of consumer debt. Home equity …

Nov 11, 2025 · A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt.

Aug 18, 2025 · A home equity loan is a fixed-rate, lump sum loan that is secured by the borrower’s equity in their home. This type of loan enables a homeowner to borrow up to 85% …

Dec 6, 2023 · A home equity loan, often considered a second mortgage, allows you to borrow against the equity you have accumulated in your property. Homeowners commonly use these …

What is Home Equity? Take the market value of your home and subtract the amount left on your mortgage, the difference is your home's equity. When that number becomes large enough, it …

Jun 23, 2022 · A home equity loan is a loan you take out against the equity you already have in your home. It gives you fast access to cash, with a predictable, long-term repayment schedule. …

A home equity loan lets you borrow money using your home as collateral. You'll get a lump-sum payment and repay the loan with fixed-rate interest over a predetermined term.

A home equity loan is a second mortgage that allows you to borrow your equity as a lump sum, using your home as collateral. Learn more about home equity loans.

Jul 22, 2024 · A home equity loan is a second mortgage that uses your home as collateral. Most lenders will allow you to borrow up to a combined ratio of 80% to 90% of your home's value.

What is a home equity loan? A home equity loan is a one-time installment loan that lets you use the equity in your home as collateral. It’s sometimes referred to as a home equity installment …