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

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

    Reverse mortgages — Type of loan for homeowners ages 62 and older to borrow against their home equity, using their home as collateral — yet instead of you repaying the lender, the lender pays ...

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

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

    Since lenders require you to maintain 20% equity ($80,000), you could potentially borrow up to $120,000 through a home equity loan. What is a debt-to-income ratio?

  4. 4 ways to get equity out of your home โ€” and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    Dig deeper: Fixed vs. variable interest rates — how these rate types work for borrowing and saving. ๐Ÿ  Home equity line of credit (HELOC) Borrow against your home equity as you need it. Fast facts

  5. 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.

  6. 5 ways to build equity in your home more quickly (and ... - AOL

    www.aol.com/finance/how-to-build-home-equity...

    The benefits of borrowing against your equity include: Fewer costs and fees than a full refinance. Waived closing costs, if you keep your account open more than three years.

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

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

    Larger borrowing potential: Depending on the size of your equity (ownership) stake, a home equity loan might allow you to obtain larger sums than you could with a credit card or personal loans. We ...

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