How much home equity can I borrow?

Answer Equity in your home is one of your most valuable assets. You can use the value of your home to build a good credit history and score as well as plan for the future. People commonly use the value of... Read More »

Top Q&A For: How much home equity can I borrow

How Much Can I Borrow on an Equity Loan Without PMI?

You can borrow up to 80 percent on one equity loan without PMI. PMI or private mortgage insurance is typically applied to a home loan with less than a 20 percent down payment. PMI can be avoided wi... Read More »

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 »

Can I borrow money from my equity if I am behind in the mortgage?

If a borrower has an open equity line of credit on his house and there is room to add additional debt, he can borrow funds from it to pay his mortgage. However, he cannot open a new or additional l... Read More »

How much can be borrowed on a home equity loan?

The Federal Trade Commission and Lending Tree state that, generally, you can borrow 85 to 100 percent of your home's equity. Some lenders allow well-qualified customers to borrow up to 125 percent.... Read More »