Home Equity Agreements (HEAs) provide the cash that a homeowner can access when such situations come along and their requirements are far less stringent than conventional home equity loans or ...

Equity is the market value of your home minus what you owe. You can borrow against it by getting a second mortgage or cash-out refinance. Some or all of the mortgage lenders featured on our site ...

If you need cash and are thinking about tapping your home equity, one option few people consider—or even know about—is a home equity agreement, or HEA. Why choose an HEA over a home equity ...

A home equity agreement is an arrangement where a homeowner sells a portion of the equity in their home to an investor in exchange for cash. The homeowner must pay back the amount within a ...

while a home equity line of credit provides ongoing access to funds for flexible repayment options,” explained Werner Loots, executive vice president of consumer lending at U.S. Bank.

In March 2025, American homeowners were sitting on a record average of $313,000 in home equity, according to mortgage data firm Intercontinental Exchange (ICE). With a home equity loan ...

The San Francisco-based Unison calls its new offering the Equity Sharing Home Loan. The company explained that the product operates as a ”hybrid between debt and equity.” It’s initially ...

However, this does not influence our evaluations. Our opinions are our own. A home equity line of credit (HELOC) is a form of credit that uses your home equity as collateral. A HELOC can help you ...

"If your home equity line was used to create value through renovation work on your property, refinancing in the coming months or year makes a lot of sense," explained Jess Schulman, President and ...

Home equity has long represented a crucial source ... two-thirds of total net worth for Black and Hispanic homeowners," he explained. Thanks to the rise in home prices since the outbreak of ...

What are the types of equity release? Equity release is a way for over-55s to access some of the money in their home, while continuing to live there. If you're looking to address a pension shortfall, ...

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...