The average homeowner in the U.S. can tap into nearly $200,000 worth of home equity. That's money that can be used to pay off debt with high interest rates, make home repairs and more. In fact ...

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 ...

For both home equity loans and HELOCs, how much you can borrow depends on your loan-to-value (LTV) ratio and other factors. Your home equity is calculated by subtracting your outstanding loan ...

Your home equity — the amount of your house that you own outright — can be a valuable resource. You can use your equity to renovate some rooms, pay off credit cards, cover college tuition ...

How soon you can pull equity ... home equity is pretty simple: First, estimate the market value of your home. Then, subtract the outstanding principal balance on your most recent mortgage statement.

Commissions do not affect our editors' opinions or evaluations. A home equity sharing agreement differs from other home equity financing options, like home equity loans and home equity lines of ...

Aven offers a way to access your home equity through a HELOC card ... which is redeemable as a statement credit. Each month, you’ll be expected to make a minimum monthly payment equal to ...

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 ...

Nearly 30% of U.S. homeowners would consider tapping their home equity via products like a ... said in a prepared statement. Kelly also spoke about this topic on a recent episode of the ...

Miranda Marquit is a staff senior personal finance editor for Buy Side from WSJ. A home equity loan allows you to access the ownership stake you’ve built in your home to accomplish your ...

The bureau also filed an amicus brief — a statement of interest — in a court case involving a home equity contract company. “Many homeowners expect that when they put their house on the line ...