Discover the benefits and risks of using a home equity loan to pay off your mortgage. Explore strategies to lower payments and manage potential pitfalls.

Key Takeaways Technically, you can use home equity financing to pay off a home loan, but that's often counterproductive.The only ways to access home equity are to sell your home or take out new ...

Discover the key differences between home equity loans and mortgages, including their purposes, stages of use, tax implications, and impact on your home equity.

We’re not making any progress. We’re just paying interest only right now and will for the foreseeable future.” ...

The digital lender reportedly upped the volume of its home equity products to $80 million per month as of Q2 2025 AI Summary As the home equity market continues to heat up, Better Home & Finance ...

As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both ...

For most people, a home isn’t just where they live — it’s one of their most powerful financial assets. As you make mortgage payments and your property’s value grows, you build home equity, or the ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.  A home ...

How to use home equity to build wealth For most people, a home isn’t just where they live — it’s one of their most powerful financial assets. As you make mortgage payments and your property’s value ...