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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. Home equity: What is it and how can you use it? - AOL

    www.aol.com/finance/home-equity-121018740.html

    Home equity loans: A home equity loan is a second mortgage for a fixed amount at a fixed interest rate. The amount you can borrow is based on the equity in your home, and you can use the funds for ...

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

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

    Rates can be higher than home equity loans, and they aren’t ideal for projects with unpredictable costs. ... Some lenders offer interest rate reductions of 0.25% to 0.50% if you sign up for ...

  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...

    Minimum equity requirement: You typically can’t take out a home equity loan unless you have at least 20 percent equity (although some lenders allow for 15 percent) — that is, own one-fifth of ...

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