Lenders will consider both the borrower’s creditworthiness and the property’s financials when evaluating an investment ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Achieve reports a HELOC allows homeowners to borrow against home equity for expenses like debt consolidation, with flexible ...

With Americans collectively sitting on record-high $11.6 trillion in tappable home equity as of August 2025, which explains why so many are turning to home equity lines of credit (HELOCs) to access ...

Our team researched more than two dozen of the country’s most home equity lenders, including large companies like Navy Federal Credit Union, U.S. Bank, TD Bank, Third Federal and Spring EQ. 640 Data ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

NerdWallet's mortgage content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in home lending. Their work has appeared in The Associated ...

If you put less than 20% down on your home, you probably lack sufficient equity to obtain a home equity line of credit immediately after purchase. It’s every homeowner’s worst nightmare: You move into ...

HELOC applications require a hard credit pull, which temporarily lowers your credit score. Closing a HELOC and carrying a big debt balance could lower your credit score, depending on how your lender ...

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As home equity loan rates sit near a two-year low, many homeowners may be wondering about the merits of acting now.