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2. Cash-strapped Americans are putting their homes on the line ...

   www.aol.com/finance/cash-strapped-americans...

   You essentially borrow money against your home and don’t make monthly mortgage payments until you no longer occupy the home. But keep in mind, the money you borrow, plus all interest and monthly ...

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

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

   If you’re among homeowners who’ve seen your home value soar, tapping into your home equity offers a way to borrow money at lower rates than you’d find with personal loans or high-interest ...

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

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

   But as the average home equity loan interest rate hovers above 8.00%, it’s important to weigh the overall costs and risks associated with borrowing against your home.

5. Mortgage equity withdrawal - Wikipedia

   en.wikipedia.org/wiki/Mortgage_equity_withdrawal

   In economics, mortgage equity withdrawal (MEW) is the decision of consumers to borrow money against the real value of their houses. The real value is the current value of the property less any accumulated liabilities (mortgages, loans, etc.)

6. Should you use your home equity to pay off high-interest debt?

   www.aol.com/finance/home-equity-loan-pay-off...

   A home equity loan — sometimes called a second mortgage — uses the equity you’ve built in your home as collateral to borrow money. That collateral unlocks access to cash at a lower interest ...

7. Home equity - Wikipedia

   en.wikipedia.org/wiki/Home_equity

   Many home equity plans set a fixed period during which the homeowner can borrow money, such as ten years. At the end of this “draw period,” the borrower may be allowed to renew the credit line. If the plan does not allow renewals, the borrower will not be able to borrow additional money once the period has ended.

8. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   Home equity loans are often used to finance major expenses such as home repairs, medical bills, or college education. 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.

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

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

   Obviously, the higher your home loan balance is, the higher your CLTV ratio and the less available equity you have to borrow against — and vice versa. Say you want to borrow $50,000 with a home ...