J.R. Duren is a content marketing writer for CBS MoneyWatch's Managing Your Money team. However, if you need your home equity loan funds by May, things could get tricky, as the average timeline from ...

Home equity levels are high these days. In fact, the average homeowner currently has over $300,000 of it, according to a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And that's been particularly pronounced in early 2025, as rates on both ...

The main alternative to a no-appraisal home equity lender is one that requires a full appraisal. This can extend the time it ...

Home equity loans are a financial tool that allows homeowners to leverage the equity they’ve built in their homes for different purposes, including home improvements, debt consolidation or funding ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Is a home equity loan right for you? You’ve been faithfully paying your mortgage for decades, watching your home’s value climb while your loan balance shrinks. Now that you’re approaching or already ...

More lenders are approving home equity loans without traditional appraisals, cutting weeks off the process. Here's how ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

Home equity loans and home equity lines of credit (HELOCs) have lower interest rates than credit cards. That can lead some homeowners to use them to pay down large credit card bills. But this method ...