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2. What are the pros and cons of home equity loans? A ... - AOL

   www.aol.com/finance/pros-cons-home-equity-loans...

   Larger borrowing potential: Depending on the size of your equity (ownership) stake, a home equity loan might allow you to obtain larger sums than you could with a credit card or personal loans. We ...

3. How to shop for a HELOC: 10 ways to get the best HELOC rate - AOL

   www.aol.com/finance/shop-heloc-10-ways-best...

   10 tips to get the best HELOC rate 1. Maintain good credit. Having a good credit score is one of the key ways to obtain a competitive interest rate when applying for HELOC. A lender will consider ...

4. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the borrower maintain a certain level of equity in the home as a condition of providing a home equity line, usually a minimum of 15-20%. [3]

5. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Typical interest rates on home equity loans are lower than those of the average credit card and personal loan, and tapping into your home's value to pay off high-interest debt could significantly ...

6. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   A home equity loan creates a lien against the borrower's house and reduces actual home equity. [1] Most home equity loans require good to excellent credit history, reasonable loan-to-value and combined loan-to-value ratios. Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (a.k.a. a home ...

7. How to unlock your home equity during financial turmoil - AOL

   www.aol.com/finance/unlock-home-equity-during...

   Home equity shares often come with more lenient criteria than a refinance, home equity loan or HELOC. If your credit score has taken a dip due to bill pileups, or if you don’t meet the income ...

8. Where to get a home equity loan: Finding the best lender for ...

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

   Most lenders will require a minimum amount of equity in the home, a good credit score, and a low debt-to-income ratio in order to qualify for a home equity loan. ... unlike a credit card — and a ...

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

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

   Credit score: Minimum of 620 for a ... depending on the terms of loan. Home equity lines of credit (HELOCs): HELOCs are second liens like home equity loans, but they function more like a credit ...