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If you’re thinking about making a home improvement or looking at ways to pay for your child’s college education, you may be thinking about tapping into your home's equity as a way to cover the costs. This is the difference between what your home could sell for and what you owe on the mortgage. Home equity financing can be set up as a loan or a line of credit.

Learn more about these types of loans and what you need to know in order to shop for the best deal.


  1. Home Equity Financing

  2. Types of Home Equity Debt

  3. Home Equity Loans

  4. Home Equity Line of Credit

  5. Three-Day Cancellation Rule

  6. What happens if you can’t repay your home equity debt?