March 17, 2018

Home  >  Home Equity Loans

Best Home

Equity Loans

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

Your Information Is Secure
Mortgages: The Complete Guide Newsletter

Latest Reviews

Air Purifiers

Baby Cribs

BBQ Sauce Clubs

Candy Clubs

Dog Beds

Graduation Invitations

Hair Care Products


Mystery Shopping

Web Hosting






Get Your Next Set of Luggage at Luggage Pros!





Protect Your Home with Protect America Today!

Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we are compensated for links and advertisements on our website. Click here for details.

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


Home Equity Loan Reviews

5 stars
LendingTree 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

3.5 stars
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

2.5 stars
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

1 star
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

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? 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!

8 pitfalls of home equity loans, and how to avoid them

If you have equity in your home and need cash, a home equity loan can seem like a slam-dunk solution. But like most things, it's never that easy, and using your home as collateral is no small decision. Lenders love predictable borrowers who have set ...

Published:  Thu, 15 Mar 2018 23:13:55 GMT

Originations Down, Home Equity Up in Q4 2017

The fourth quarter also saw 791,637 residential loans originated, down 22 percent from the previous quarter and down one percent from a year ago, while 293,570 home equity lines of credit were originated, down 25 percent from a nine-year high in the ...

Published:  Fri, 16 Mar 2018 10:32:00 GMT

Home Equity Loans: What Are They and How Do They Work

A home equity lump sum loan, home equity line of credit and cash-out refinance are loans that use your property as collateral. To qualify for any of these loan products, you first need home equity. You have equity when your home's value is higher than ...

Published:  Thu, 15 Mar 2018 10:31:00 GMT

Texas homeowners gained almost $9,000 in equity last year

The largest average home equity gains were in California ($44,000) and Washington state ($40,000). Texas storms, California fires push up U.S. late home loans Rising home equity also helped reduce the number of homeowners who are underwater with a mortgage ...

Published:  Thu, 15 Mar 2018 11:12:00 GMT

Yes, you can still deduct interest on your home equity loan ...

The new federal tax law created a lot of confusion over whether tax filers may still deduct the interest they pay on their home equity loans and home equity lines of credit. The new law suspends the deduction for interest on home equity indebtedness for ...

Published:  Thu, 08 Mar 2018 04:28:00 GMT

Homeowners gained average of $15,000 in home equity last year - or $908 billion in total

Borrowers with significant home equity often draw on that cash in the form of home equity lines of credit, or HELOCs. Originations of these second loans hit a nine-year high in the third quarter of last year but then fell suddenly, down 25%, according to ...

Published:  Thu, 15 Mar 2018 11:56:00 GMT

Share Us!    Share on Twitter Share on LinkedIn Share on Google+ Share on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure