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  2. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Qualifying for a home equity loan typically requires a minimum of 15% to 20% equity in your home after first and second mortgages are accounted for, a credit score of at least 620 (although higher ...

  3. No-doc mortgage: What is it and can you still get one? - AOL

    www.aol.com/finance/no-doc-mortgage-still-one...

    Key takeaways. A no-doc mortgage offers a way to get a home loan without some of the income and employment verification paperwork lenders traditionally require, like W-2s and pay stubs.

  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. No doc loan - Wikipedia

    en.wikipedia.org/wiki/No_doc_loan

    For this reason most no doc loans are for business purposes or are for investment in something other than residential property. Private money is the main source of no doc loans, often with interest rates charged at 2% to 6% per month (24% to 72% p.a.). Non-conforming lenders focus on the lower risk no doc loans and offer more competitive ...

  6. Home equity loan vs. home improvement loan: Which is better ...

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

    While home improvement loans typically cap at $50,000 to $100,000, you’re able to borrow up to 85% of your home's equity (primary mortgage and home equity loan combined).

  7. Can you use a home equity loan to buy a rental or ... - AOL

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

    While many home equity loans require an appraisal to determine your home’s current value, if you have excellent credit, you might be able to find a lender that offers no-appraisal home equity ...

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