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Home Equity Loans

 
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Home Equity Loans and Home Equity Line of Credit (HELOC)

Harness the power of your home’s equity with home equity loan and line of credit options from LendingTree! A home equity loan or home equity line of credit (also known as a HELOC) can provide access to cash for a variety of purposes, including:

  • Home improvement projects
  • Buying a car
  • Paying for college tuition and expenses
  • Debt consolidation
  • Security against unexpected financial emergencies

Put the LendingTree process to work for you and find a myriad of home equity solutions to meet your needs! The process is simple and straightforward. Take advantage of free home equity calculators to determine how much equity you have in your home. Get started today!

Frequently Asked Questions

How do you get banks to compete for my business?

We work hard to send your loan request to multiple Lenders in The LendingTree Exchange. When they respond as a result, they have to operate under the assumption that other Lenders are reviewing your loan request at the same time they are. In order to get your business, they must make a competitive offer every time - no matter how many Lenders you've been sent to.


Am I obligated to accept an offer?

You are under no obligation to accept a loan offer that is presented to you. However, if you do accept an offer, you may be obligated to pay a fee to the lending institution to begin the processing of your request.


Who are your Lenders?

The LendingTree Exchange includes many of the most respected Lenders in the United States. You probably know many of them. Those you may not be as familiar with may offer one or two loan types in a particular region of the country. Others only service borrowers who are looking for a loan through the Internet. One thing all of our Lenders have in common is that they're dedicated to providing the best service and competitive rates.


How secure will my information be?

LendingTree uses some of the most secure technology available on the Internet to ensure that the data you send us remains absolutely confidential and secure.


Will you share or sell my information?

At LendingTree, your personal privacy and the security of your personal data are a primary concern of ours. LendingTree believes that you should be aware of who we are, the types of information we may collect on our Web site, and what we do with your personal information. Our overall privacy policy describes how we handle your information, but in general LendingTree will not sell or share any personal information about you to or with any person or organization except to the Lenders on our Exchange, our authorized agents, or as may be required by law or court order.

Home Equity Calculator

How much equity do you have in your home?

This calculator will help you determine how much equity you have in your home that you can borrow against.

The general rule is you can borrow 75 - 80% of your home's current appraised value, minus what you owe on your first mortgage. This is called the loan-to-value ratio (LTV). Some lenders may let you borrow up to 100% of your home's value. Please note, if you choose that option and must move because of a job transfer or other reason, the sale of your home may not provide you with enough money to pay off both your mortgage and the outstanding home equity loan.

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