Are you planning to sell your home? Learn what happens to your HELOC and how to manage it during the sale process with this helpful guide. Having a home equity loan can complicate the process of selling your house As a homeowner, you may have taken out a home equity loan or line of credit … Read more
If you’re a homeowner looking to tap into your home’s equity for a large project, debt consolidation, or other major expense, a home equity loan from OneMain Financial is one option worth considering. As one of the nation’s largest personal loan lenders, OneMain has been providing home equity loans for decades. In this comprehensive guide, … Read more
Getting a home equity loan can provide you with extra funds when you need them, without having to refinance your mortgage. A home equity loan allows you to tap into the equity you’ve built in your home, putting some of that value to work for you. While a cash-out refinance is one option for accessing … Read more
If you own a manufactured home â also known as a mobile home â you might be wondering if you can qualify for a home equity loan or line of credit. The answer is yes, but there are requirements specific to borrowing equity on a manufactured home, such as a higher minimum credit score and … Read more
Student loan consolidation allows borrowers to combine multiple federal student loans into one direct consolidation loan. This can help simplify repayment by streamlining multiple monthly bills into a single payment. Consolidation also enables access to alternate repayment plans that could reduce your monthly dues. With federal student loan debt topping $1.6 trillion in the U.S., … Read more
To help rebuild your financial life after bankruptcy, borrowing against some of your home’s value can be a tempting option. Home equity loans usually charge lower interest rates than personal loans or credit cards and allow you to take out larger sums. But bankruptcy’s damage to your credit score and lending history creates significant hurdles … Read more
Home renovations and repairs can be expensive. For major projects, many homeowners turn to home equity loans to finance the costs rather than paying out of pocket. With home values rising in recent years, tapping into your home equity can provide funds for remodeling while allowing you to keep your current mortgage rate. What is … Read more
We’ve streamlined VA homebuying — so you can buy your first or fifth home with confidence. Find out why VA Loans are ideal for Veterans and military families buying their first home. Buying a home is likely one of the most exciting and stressful times in a person’s life. As a veteran using your VA … Read more
Buying a home is an exciting process, but it can also be lengthy and stressful. From finding the perfect house to securing financing, the average home purchase takes about 60 days from start to finish. However, in today’s fast-paced market, more and more buyers are looking for ways to expedite the process. This is where … Read more
As you pay down your home mortgage, you build equity—the difference between your loan balance and your homes current value. With enough equity, you can borrow using your home as collateral via a home equity loan (or a home equity line of credit, also known as a HELOC). A home equity loan can be a … Read more