Latest blog posts about Home Equity

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  Home Equity Do I have to live in my home to qualify for a HELOC?

  A HELOC is a great way to access the equity you have built up in your home. Learn more about qualification requirements, including if you need to reside in your home to qualify.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 3, 2023
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  Home Equity Using a HELOC to fund a Solar Installation

  Discover the financial benefits of using a Home Equity Line of Credit (HELOC) to fund your solar installation. Learn how a Figure HELOC can save you money and contribute to a greener future.

  

  Debra Jack, Contributor  article author

  November 1, 2023
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  Home Equity Is a HELOC a better alternative for getting rid of high-interest debt?

  A home equity line of credit (HELOC) is a popular solution for paying off high-interest debt such as credit cards. HELOCs have a much lower rate of interest than credit cards because they’re secured by the equity in your home.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 28, 2023
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  Home Equity Can I get a HELOC on a second home?

  A Home Equity Line of Credit (HELOC) is a smart way to access the equity you have built up from home ownership. Learn more about how to qualify for a HELOC on a second home with this guide.

  

  Barron Ernst, Head of Product  article author

  October 28, 2023
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  Home Equity Is it better to borrow from my 401(k) or use my home equity?

  Unsure whether to borrow from your 401(k) or tap into your home equity? In this side-by-side comparison, explore the benefits and drawbacks of a HELOC vs. 401k loan.

  

  Hannah Friedman, Sr. Content Manager  article author

  August 14, 2023
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  Home Equity Can I use a HELOC for any purpose?

  HELOCs are a smart financial tool for reaching your personal and financial goals. There are no restrictions on how you use HELOC funds. Learn if a HELOC is right for you in this handy guide.

  

  Hannah Friedman, Sr. Content Manager  article author

  August 3, 2023
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  Home Equity Can I use a HELOC to purchase a second home?

  Tapping into home equity can help finance a down payment on a second home. Learn the pros, cons, and best ways to use a HELOC to reach your real estate goals.

  

  Barron Ernst, Head of Product  article author

  August 1, 2023