There are several ways to get equity out of your home, and each option has its pros and cons. The amount of time it takes to get funds is only one factor you should consider.

You can get equity out of your home without refinancing in several ways. the most common are HELOCs, home equity loans or home equity investments. Here's how each of those works. 1.

Cash-out refinancing allows you to convert your home equity into cash and take out a loan that is larger than your current mortgage.. If your home is worth $500,000 and you have $200,000 left on ...