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  2. IRS Form 1098: Mortgage Interest Statement - AOL

    www.aol.com/irs-form-1098-mortgage-interest...

    You should receive a Form 1098 Mortgage Interest Statement for each mortgage you have outstanding. So if you have a primary mortgage and take out a second mortgage in the form of a home equity ...

  3. Are home equity loans tax-deductible? - AOL

    www.aol.com/finance/home-equity-loans-tax...

    Joint filers who took out a home equity loan after Dec. 15, 2017, can deduct interest on up to $750,000 worth of qualified loans ($375,000 if single or married filing separately). The money must ...

  4. Personal loan vs. home equity loan: Which should you use for ...

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

    Personal loan. Home equity loan. Rates. 8% to 36%. Varies based on the prime rate. Loan amounts. $2,000 to $50,000. Up to 85% of your home’s value. Minimum credit score. 670. 680. Repayment ...

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

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

    Benefits of using home equity for remodeling. Home equity loans offer competitive interest rates, potential tax benefits and larger loan amounts, making them a useful way of paying for renovations.

  6. 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.

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

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

    A home equity loan is a type of second mortgage that allows you to obtain a fixed amount of money by leveraging some of the equity in your home — that is, the difference between your home’s ...

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