<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 are suitable for different renovation projects or financial needs, with options ranging from $100K to $500K depending on the borrower's equity and goals.</li><li>Home equity loans offer different terms, such as 5-year, 10-year, 15-year, 20-year, and 30-year, to suit the borrower's repayment preferences and the size of the project or investment.</li><li>The loan-to-value ratio (LTV) is an important factor in determining the amount you can borrow, with most lenders requiring an LTV of 80% or less for approvals.</li></ul>

Latest HELOC & Home Equity Loan Rates: March 4, 2025

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