Best Reviews TopConsumerReviews.com Best Home Equity Loans Best Reviews
Best Reviews
      April 23, 2019

Home  >  Home Equity Loans

Best Home

Equity Loans

  1. Smart Quote
  2. The Easy Loan Site
  3. Lower My Bills

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Mortgages: The Complete Guide Newsletter

Latest Reviews

ADHD

Eczema

Flower Delivery

Fruit Baskets

Hair Loss

Hair Removal

Menopause Relief

Pet Meds

Ringworm

Watches

 

Individual Reviews

LendingTree

Smart Quote

The Easy Loan Site

Lower My Bills

 

 

 

 

 

Get Your Next Set of Luggage at Luggage Pros!

 

 

 

 

Send Flowers today with Send Flowers!

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Home Equity Loans Better Business Bureau Reliability Seal

Best Home Equity Loans

A home equity loan is a popular strategy for home owners that want to use the equity in their homes to create cash in their pockets. Home equity loans are typically used for home improvements, to pay off debt, make a large purchase, send a child to college, and much more.

A home equity loan can mean your existing loan is refinanced or a second loan can be assumed. Determining which move makes better financial sense, refinancing or a second loan, is dependent on several factors such as your current mortgage loan terms and which banks are willing to offer you a home equity loan given your creditworthiness. Before you call your current mortgage lender to discuss a home equity loan, you should consider shopping around for the best home equity loan rates. This can mean saving several thousands of dollars in interest and mortgage payments over the life of the loan.

Continue reading below reviews

Best Reviews

2019

Home Equity Loan Reviews

5 stars
LendingTree

LENDINGTREETopConsumerReviews.com Best-In-Class Blue Ribbon Award

LendingTree has built a website that caters to the home equity loan customer. You can quickly find several lenders that offer the most competitive home equity loan rates for your needs. The number of home equity lender relationships, the helpful tools, the professionalism, and additional services all make LendingTree stand ahead of the competition.
Read More... Visit
Site

3.5 stars
Smart Quote

SMART QUOTE

Smart Quote is newer to the home equity loan market. They provide generalized home equity loan option information to visitors, but they also require more time and additional steps than some of the other companies.
Read More... Visit
Site

2.5 stars
The Easy Loan Site

THE EASY LOAN SITE

The Easy Loan Site matches prospective clients with various home equity loan lenders. Searching for a home equity loan is rather straightforward at The Easy Loan Site but, the website lacks the resources and education of those companies ranked higher. Read More... Visit
Site

1 star
Lower My Bills

LOWER MY BILLS

Lower My Bills doesn't provide as promised. After taking the time to share rather personal information we received four links to more websites where we had to start the inquiry process all over. Lower My Bills left us in the dark and wondering what they did with our personal information.
Read More... Visit
Site

Continued from above

The best home equity loans may be found online from mortgage companies and banks that offer the most competitive rates available in the market. A few home equity loan companies even offer a mortgage broker like service that helps customers find the best loan, with the lowest interest rates terms.

Before jumping on the internet to search for your next home equity loan you should consider the following:

  • Loan Application. What are the steps required to begin the home equity loan search?
  • Selection. How many banks does the company work with to find you the best home equity loan rate?
  • History. Does the home equity loan company have a solid reputation that you can feel good about?

TopConsumerReviews.com has reviewed and ranked the best Home Equity Loan providers available today. We hope these reviews help you find the right home equity loan for your needs!

Home equity line of credit (HELOC) vs. home equity loan

Load Error As home values increase in your area, the amount of equity in your house also rises. The longer you pay down your mortgage, the equity in your home also increases. Before you seek a home ...

Published:  Tue, 16 Apr 2019 03:31:45 GMT



Line of credit or loan for home reno?

home equity loans and lines of credit can be helpful tools. It is important to remember, however, that there are some important differences between a home equity loan and a home equity line of credit. ...

Published:  Mon, 22 Apr 2019 00:58:00 GMT



How to Manage Reverse Mortgage Expectations for Condo Owners

Because of restrictions that descend from the Federal Housing Administration (FHA) regarding condos and Home Equity Conversion Mortgages (HECMs), loan officers can sometimes find it difficult to ...

Published:  Sun, 21 Apr 2019 14:09:00 GMT



The Nation's Housing: More Americans are choosing not to tap into their home equity

Cash-out refinancings use the home's increased equity as collateral to extract money. After the refinancing, the borrower has a new loan, but with a larger amount of debt on the house. Home equity ...

Published:  Sun, 21 Apr 2019 19:30:00 GMT



Mortgage Equity Withdrawal (MEW)

Mortgage equity withdrawal (MEW) is the removal of equity from the value of a home through the use of a loan against the market value of the property. A mortgage equity withdrawal reduces the real ...

Published:  Sun, 07 Apr 2019 17:00:00 GMT



Reverse Mortgage: Types and Examples

subject to the loan balance, or it will simply pass into the hands of the lender who will auction it off. Reverse mortgages are designed to give Americans access to their home's equity without having ...

Published:  Fri, 29 Mar 2019 12:04:00 GMT



Best credit cards to use in place of a home equity loan

Advertiser Disclosure: The credit card offers that appear on the website are from companies from which this site receives compensation. This compensation may impact how and where products appear on ...

Published:  Mon, 15 Apr 2019 12:29:06 GMT



Interest Paid on Home Equity Loans Is Still Deductible

QUESTION: Can you please tell me whether interest on home equity loans remains fully tax deductible or does the interest deduction apply only to first and second mortgages? This is particularly ...

Published:  Sun, 31 Mar 2019 05:29:00 GMT



Personal Loan vs. Home Equity Loan: Which Is Better?

Loans, especially personal and home equity loans, can be a good way to pay for a major home project or handle a financial emergency. But before you apply for either type of loan - or an alternative, ...

Published:  Thu, 14 Feb 2019 10:09:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure