Smart Borrower Articles

1. Home equity loan vs. line of credit

Consider the amount you need to borrow and what you need it for to determine which is right for you.

2. Home equity lines of credit offer flexibility and convenience

A home equity line of credit can help you fund home improvement projects.

3. Home values: The importance of being realistic

Here are some ways to get real about how much your home is worth.

4. Giving your kids a start with a home equity loan

Drawing on your home's equity can be a great way to give your kids a financial boost. But don't forget your own future needs.

5. Using home equity to smooth your income

Your equity in your home can help you cope with an income that rises and falls and expenses that stay the same.

6. Calculating your home equity

Q: I've been hearing a lot lately about the benefits of home equity loans. But how do I know how much equity I have in my home?

7. How to use your home equity wisely

You can benefit from drawing on your home equity, but it's important to do it the right way.

8. Home equity loans and interest rates

Home equity loans can help you consolidate high-interest debt and pay it off at a lower rate.

9. Is home equity part of your financial plan?

Your home is likely your most valuable asset. If used smartly, your home equity can be part of your lifelong financial plan.

10. Piggyback loans let you tap your home equity when buying

Homebuyers can use a second mortgage or line of credit to help with a down payment, or to finance other needs and wants.