<ul><li>Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.</li><li>HELOCs offer flexible borrowing with a variable rate, while home equity loans provide a fixed-rate lump sum up to 85% of the home's value.</li><li>Repayment terms vary from 5 to 30 years, catering to different borrowing needs and financial goals of homeowners.</li><li>Extra funds through home equity can be used for home improvements, debt consolidation, and other major expenses based on the equity available in the home.</li></ul>

Current HELOC & Home Equity Loan Rates: May 28, 2025

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