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

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

   Lender requirements vary, but most requires you to meet standard requirements that include: A loan-to-value ratio (LTV) below 85%. A debt-to-income ratio (DTI) below 43%. A credit score of 680 or ...

3. How to buy land using your home equity - AOL

   www.aol.com/finance/buy-land-using-home-equity...

   Where a home equity loan uses the home’s equity as collateral, a land equity loan uses the land’s equity as collateral. Using land to back the debt often affords you the option of lower ...

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

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

   Loan requirements vary by lender, yet to get the best rates on a home equity loan, you often need good to excellent credit, low debt and at least 50% equity in your home.

5. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the borrower maintain a certain level of equity in the home as a condition of providing a home equity line, usually a minimum of 15-20%. [3]

6. 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.

7. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   The comparative analysis of the collateral is known as loan to value (LTV). Loan to value is a ratio of the loan amount to the value of the property. In addition, the combined loan to value (CLTV) is the sum of all liens against the property divided by the value. For example, if the home is valued at $200,000 and the first mortgage is $100,000 ...