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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. Home equity loan vs. HELOC: Which is best for borrowing ... - AOL

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

    Americans with mortgages hold a record $17.2 trillion ... Among your options are a home equity loan or a home equity line of credit ... You’ll pocket the difference between the two loans as cash ...

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

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

    Myth #2: You can access 100% of your home’s equity with a home equity loan or a HELOC. Unfortunately, very few lenders will finance a loan for 100% of your home equity.

  5. Mortgage refinance: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-refinance-does...

    Your home equity is the difference between the two. For example, if you still owe $250,000 on your home, and it’s worth $325,000, your home equity is $75,000.

  6. Home equity loan or HELOC vs. reverse mortgage: Which is ...

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

    To qualify for a home equity loan or HELOC, you’ll usually need a debt-to-income (DTI) ratio of no more than 43 percent, a credit score of 680 or higher (although it is worth noting that many ...

  7. Refinancing a home equity loan: When and how to do it - AOL

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

    Reverse mortgages: Seniors (those aged 62 and up) can tap into their home equity by taking out these mortgages without monthly payments; instead, the loan is repaid when the home is sold or the ...

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