A home equity loan is a useful way to access your home's equity. With the loan, you borrow against the amount of equity you have and repay the loan in installments.

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

But unlike other loans, home equity borrowing requires an appraisal to determine how much you can access based on your home's current value. When this appraisal comes in lower than expected, it can ...