This makes a HELOC one of the cheapest ways to borrow money as of early May 2025. But securing the funds is only half of the ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

Looking to borrow $15,000 worth of home equity right now? Here's how much it could cost you to pay it back monthly.

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

HELOCs and home equity loans have fallen substantially from the highs reached at the beginning of 2024, with HELOC rates in ...

Arc Home, a New Jersey-based mortgage lender and servicer specializing in Non-QM and non-agency loans, has named Lee Malone ...

Before you take out a HELOC this May, make sure you understand these key things about the HELOC minimum draw requirements: ...

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...

Additionally, homeowners with low credit scores may want to avoid refinancing this May, Cohn says. A HELOC lender may charge ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...