Tag Archives: home equity loan
What Can a Home Equity Loan Be Used For?
If you hear about “home equity loans” and have no idea what that even is – you aren’t alone! Though a very common financial option that opens up a world of possibilities to borrowers, these kinds of loans aren’t always explained in schools. Plenty of high school students wander into adulthood with no idea what… (read more)
Posted In: Lending
HELOAN Terms & Tips
A HELOAN (Home Equity Loan) is a form of second mortgage that provides you with a strong and reliable option to meet your financial goals. HELOANs may be used for home renovations, or really any significant expense like travel, education, medical needs, etc. As a borrower, you always want to approach a loan as informed… (read more)
Posted In: Lending
Is Now the Time to Get a Home Equity Loan?
What Exactly is a Home Equity Loan? Every single home is worth some amount of money. We might call that its market value. That market value is reflective of a number of different factors, but the single biggest is generally the comparable sales in the area. An appraiser, when assessing the value of a home,… (read more)
