If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both ...

Both offer viable ways to borrow $50,000 worth of home equity, but only one has timely benefits worth knowing now.

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

With the mortgage market in turnaround, many homeowners are looking to tap their home equity rather than sell. One of the largest home lenders in the U.S., Rocket Mortgage, also has some of the most ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

Summer renovation season is upon us, and after years of building equity in your home, you might be considering some much-needed home upgrades or aging-in-place modifications while the warm weather ...

To calculate your home's equity, subtract the balance on all debts secured by your home – including your primary mortgage and any secondary loans – from your property's current appraised value. The ...

A home equity loan on an inherited property remains in place even after the original borrower’s death. While the heir is not ...

Is borrowing against your home equity to pay off your mortgage possible, and does it make sense? Here's what you need to know before taking out a home equity loan.