Nov 11, 2025 · What Is a Home Equity Loan? A home equity loan—also known as an equity loan, home equity installment loan, or second mortgage —is a type of consumer debt. Home equity …

Nov 11, 2025 · A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt.

Dec 6, 2023 · A home equity loan, often considered a second mortgage, allows you to borrow against the equity you have accumulated in your property. Homeowners commonly use these …

Jun 23, 2022 · A home equity loan is a loan you take out against the equity you already have in your home. It gives you fast access to cash, with a predictable, long-term repayment schedule. …

A home equity loan lets you borrow money using your home as collateral. You'll get a lump-sum payment and repay the loan with fixed-rate interest over a predetermined term.

A home equity loan is a second mortgage that allows you to borrow your equity as a lump sum, using your home as collateral. Learn more about home equity loans.

Dec 11, 2024 · A home equity loan is a second mortgage that borrows money against the part of your home you’ve already paid for. When you borrow against something, that means the …

Aug 18, 2025 · A home equity loan is a fixed-rate, lump sum loan that is secured by the borrower’s equity in their home. This type of loan enables a homeowner to borrow up to 85% …

Jul 22, 2024 · A home equity loan is a second mortgage that uses your home as collateral. Most lenders will allow you to borrow up to a combined ratio of 80% to 90% of your home's value.

Sep 11, 2025 · A home equity loan is a type of loan that allows homeowners to borrow money by using their home's equity as collateral. The amount of the loan is based on the value of the …