What Is A Home Equity Loan?
Savings Corner
APRIL 4, 2024
Key takeaways 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. Because your home is the collateral for the loan, the amount you’ll be able to borrow is related to its current market value.
52 
Let's personalize your content