Bills College Tuition Home Repair Renovation 
Savings Corner
APRIL 4, 2024
Many borrowers use them to pay for major home repairs or renovations, like finishing a basement , remodeling a kitchen or updating a bathroom. Others use them to pay off high-interest credit card debt or other bills. $16 Both funding options allow you to use the funds however you see fit. homeowners as of year-end 2023.
Savings Corner
APRIL 4, 2024
The amount you can borrow with a home equity loan is based on the current market value of your home, the size of your mortgage and personal financials like your credit score and income. Home equity loans drawbacks include putting your home at risk of foreclosure and their lengthy application process.
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