Can you get a home equity loan on your rental property?

Answer Yes, you can usually get a home equity loan on a rental property just like you would on any other property you own. However, credit and income qualification may be stricter and rates could be highe... Read More »

Top Q&A For: Can you get a home equity loan on your rental p...

What is the difference between a home equity loan&a home equity line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund... Read More »

If You Have a Home Equity Loan, Do You Have to Pay Off the Loan Before You Sell Your House?

A home equity loan utilizes the equity you have built in your home as collateral for a new debt. Typically, this debt goes toward improvements to the property, but it may also be used to purchase c... Read More »

Can I Get a Loan Modification on a Rental Property?

You're struggling to make the monthly mortgage loan payments on a rental property that you operate. You don't want to fall behind on your payments. And you definitely don't want to lose this proper... Read More »

Home Equity Loan Vs. Auto Loan?

Homeowners have loan options when they want to purchase a car. For example, they may acquire an auto loan or use a home equity loan. However, it's best to weigh the benefits and drawbacks of each o... Read More »