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2. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

   www.aol.com/finance/home-equity-loan-heloc-vs...

   The most popular fall into two categories: home-secured loans, including a lump-sum home equity loan or a home equity line of credit (HELOC), and a type of mortgage called a cash-out refinance.

3. Refinancing and Home Equity Loans: 5 Key Differences You ...

   www.aol.com/refinancing-home-equity-loans-5...

   When you have equity in your home -- meaning your outstanding home loan balance is less than the house's value -- you can take out loans against that equity. You have two options: refinancing your...

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

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

   At a glance: Home equity loan vs. HELOC. Home equity loans and HELOCs allow you to borrow against your home equity, but they differ in a few key ways when it comes to interest rates, how you’ll ...

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

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

   🏡 ($220,000 [outstanding mortgage] + $30,000 [home equity loan]) / $410,000 [home value] = 0.6097 x 100 = 60.97% The higher the LTV ratio, the more risk for the lender. And the higher an ...

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

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

   Cash-out refinance: Unlike home equity loans and HELOCs, cash-out refinances replace your primary mortgage with a new one at a higher amount; you get the difference between the two — based on ...

7. How much equity do you need to refinance? - AOL

   www.aol.com/finance/much-equity-refinance...

   After paying down the mortgage and conducting the refinance, the homeowner might consider applying for a home equity line of credit (HELOC) on the home and using the funds to help pay off the ...