home equity

getting started	start your application	home equity benefits	managing your money
home equity uses	equity loan vs. line	home equity tools

getting
started

calculate how much you can borrow based on the equity value of your home

view loan monthly payment

Apply Now: click to start app

SayPlanning Notes
more information about LTV

SayPlanning Notes
check your credit report

SayPlanning Notes
understanding debt ratios


Enter the estimated market value of your home: For an neighborhood market valuation report: click here		$
Enter the amount that you still owe on your home plus any 2nd or 3rd mortgages, if any:		$
	^*
Percentage LTV	Your Percentage of Market Value	Total Amt That You Can Borrow
70% LTV	$	$
80% LTV	$	$
90% LTV	$	$
100% LTV	$	$

start your
application

3 Simple Steps
	Define your goals
	Request a quote
	Review your offer

to submit your home equity application to multiple lenders for review and best offer —
(for information and lender list)

Define Your Goals

State the property is located in:

Requested loan type:

Property value:

Current mortgage balance:

Type of Property:

Are You A Homeowner?

How would you classify your credit rating?

Requested loan amount:

view credit.com terms and conditions

home equity
uses

consumer bankers association

Debt Consolidation: avg. 42%

type product: home equity loan — view how this product might work for you
Home Improvement: avg. 24%

type product: home equity line — view how this product might work for you
Automobile Purchase: avg. 7%

type product: home equity loan — view how this product might work for you
Education Expense: avg. 5%

type product: home equity line — view how this product might work for you
Managing Events (Purchases, Investments, Expenditures): avg. 4%

type product: home equity line — view how this product might work for you
Starting a Business: 2%

type product: home equity loan — view how this product might work for you

home equity
loan vs. line

fixed rate loan, the money is advanced once with repayment terms set at 5-20 years

— see product features

works like a credit line, rates are variable and can change upon changes in a based rate

— see product features

home equity
benefits

BENEFIT 1

home equity loans are lower in cost than most other personal loans — many home equity loans and lines start out at the PRIME RATE or lower
see our affiliate site at YourEquity.com for a sample of home equity interest rates

BENEFIT 2

with home equity credit lines, you borrow the amount of money you need as you need and when you need. You can borrow as many times up to your available credit line limit
see our affiliate site at YourEquity.com for a summary review of benefits and terms

BENEFIT 3

the interest you pay on your home equity loan qualifies for tax deductibility. Depending on your tax situation, the effective interest rate may be lower if you quality
see our affiliate site at YourEquity.com for a effective tax rate table

managing
your money

online guide for reducing housing, food, recreation and other monthly costs view lower bills

online tips to increase your income including in-the-home business opportunities view income tips

SayPlanning Notes: developing a personal budget

SayPlanning Notes: preventing ID theft

home equity
tools

Notes: check your credit report

Notes: budgeting worksheet

Notes: debt management worksheet

Notes: financing discussion forum

Notes: calculate your debt-to-income ratio

Notes: more financing calculators

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Credit.com has teamed up with lenders and brokers that offer services in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations

home equity

ESTIMATE YOUR LTV VALUE

IN PARTNERSHIP WITH CREDIT.com: 3 SIMPLE STEPS

TOP USES OF HOME EQUITY LOANS

Debt Consolidation: avg. 42%

Home Improvement: avg. 24%

Automobile Purchase: avg. 7%

Education Expense: avg. 5%

Managing Events (Purchases, Investments, Expenditures): avg. 4%

Starting a Business: 2%

HOME EQUITY LOANS

HOME EQUITY LINES OF CREDIT

BENEFIT 1

BENEFIT 2

BENEFIT 3

LOWER YOUR MONTHLY BILLS

TIPS ON INCREASING YOUR MONEY