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  2. Fact vs. fiction: Top 8 common home equity myths — debunked

    www.aol.com/finance/home-equity-myths-debunked...

    While a home equity loan interest rate will often be higher than the interest rate on a mortgage refinance, the home equity loan is for a smaller amount, which means you’ll pay less interest ...

  3. FHA loans: Definition, requirements and limits - AOL

    www.aol.com/finance/fha-loans-134807555.html

    Basic home mortgage loan or 203(b) loan: The 203(b) loan is the FHA’s main home loan program for buying a home or refinancing. These loans come with fixed and adjustable-rate options, as well as ...

  4. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Qualifying for a home equity loan typically requires a minimum of 15% to 20% equity in your home after first and second mortgages are accounted for, a credit score of at least 620 (although higher ...

  5. How to calculate your home equity — and how much of it you ...

    www.aol.com/finance/calculate-home-equity...

    The CLTV includes your first mortgage and any other loans attached to your home — including the HELOC or home equity loan you’re applying for. For example, if you wanted a $30,000 home equity ...

  6. Should you use a home equity loan to remodel or ... - AOL

    www.aol.com/finance/home-equity-loan-for...

    This is an FHA-insured loan designed for home improvements, even if you have little or no equity in your home. To qualify, renovations made must substantially protect or improve the basic ...

  7. How much equity can I borrow from my home? (And why isn ... - AOL

    www.aol.com/finance/much-equity-borrow-home-why...

    The amount of tappable equity is also affected by the homeowner’s outstanding mortgage, as lenders typically limit all home-based debt (both the primary mortgage and new loans) to about 80% of ...

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