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What each option is, how it works, who it tends to suit, and what to weigh before you borrow.

Home Equity Topic page →

HELOC vs. Home Equity Loan: How to ChooseBoth borrow against your home. Here is how the payments, risks and costs differ, with real numbers.Read the guide →Home Equity Line of Credit (HELOC): How It WorksA revolving line of credit secured by your home that you draw on as you need it.Read the guide →Home Equity Loan: How It WorksA lump sum with a fixed rate and fixed monthly payments, secured by your home.Read the guide →Cash-Out Refinance: How It WorksReplace your mortgage with a larger one and take the difference in cash.Read the guide →Home Equity Investment (HEI): How It WorksGet cash today in exchange for a share of your home's future value. No monthly payments.Read the guide →Reverse Mortgage: How It WorksFor homeowners 62 and older: turn equity into cash with no required monthly mortgage payment.Read the guide →

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