Home Equity Loans

A home equity loan lets homeowners borrow a lump sum by leveraging the equity they’ve built—the difference between their home’s value and remaining mortgage balance. These funds can be used for major expenses like renovations, education, or debt consolidation.

Home equity loans usually have fixed interest rates and consistent monthly payments, making them easier to budget. Because the loan is secured by your home, interest rates are typically lower than those on credit cards or unsecured loans.

However, since your home is collateral, missed payments can lead to foreclosure. We’ll help you evaluate loan terms, compare lenders, and build a repayment plan that aligns with your goals and safeguards your investment.