Home values have soared across the country, and many
homeowners are starting to use their home equity to access extra cash.
The good news for those who
already have low mortgage rates: you can often borrow against your home
without giving up that original rate.
If you own a home and have
built up equity, it's worth checking your options on a comparison site like
LendingTree.
Many homeowners qualify for significant amounts (sometimes over $200,000). The money can be used as you see fit.
It’s free to see potential rates and lenders,
there’s no obligation, and
many homeowners are surprised to learn they can access funds without
changing their current mortgage rate.
For homeowners with a low
mortgage rate, a home equity loan can be a way to borrow thousands of dollars without affecting your original
rate.
Check rates
here.
How Much Can I Borrow?
- Get started by clicking on your state in the map
below.
- It takes around 2 minutes to review and compare loan offers
How do I see if I qualify?
LendingTree has helped thousands of American
homeowners tap into their home equity. It only takes a couple of minutes to get started, and you’ll quickly
see lender options offering the best rates and amounts.
If you’ve built up equity, now
might be a good time to see what you can access, whether it’s for a trip, paying down debt, or home
improvements.
Step 1:
Click on your current mortgage balance: