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

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

    A home equity loan is a type of loan that allows you to borrow against your equity without refinancing. With a home equity loan, you can typically borrow up to 80% of the home’s value, minus ...

  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. What is a home equity loan? - AOL

    www.aol.com/finance/home-equity-loan-233534325.html

    Most home equity loan lenders will cap your total amount of home-secured debt – including your first mortgage – at 80 percent of the home’s market value. So, in that case, you would likely ...

  5. Home equity loan - Wikipedia

    en.wikipedia.org/wiki/Home_equity_loan

    Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (a.k.a. a home equity line of credit (HELOC)). Both are usually referred to as second mortgages, because they are secured against the value of the property, just like a traditional mortgage. Home equity loans and lines of credit are ...

  6. 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 ...

  7. 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 ...

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