We'll look at Texas as a case study. Home equity loans can be unsuitable for some borrowers because they carry the risk of losing your house. Many federal and state laws apply to home equity loans.

For example, Texas prohibits residents from having more than one home equity loan on the same property at the same time. You can refinance an existing home equity loan with a new one, and it may ...

Brandon Renfro, Ph.D., is a certified financial planner and owner at Belonging Wealth Management in Longview, Texas ... In our 2024 home equity loan survey, 54.8% of the 1,500 respondents reported ...

You can find her jogging through Austin, TX, or playing tourist in her free ... And you can turn that value into cash with a home equity loan. So, what is a home equity loan?

Paul lives in Austin, Texas, with his wife ... product aspects that matter most to potential customers. A home equity loan lets you use money from the equity in your home for a variety of reasons ...

Meanwhile, home equity loan activity slowed in most of the metros in Texas, which posted annual equity losses of $2.6 billion in the second quarter of 2024. "Home sales activity in September got a ...

The company offers home equity loans to homeowners across the country except Texas. Rocket Mortgage offers a standard home equity loan, with homeowners able to borrow between $45,000 and $500,000 ...