: Covering medical bills, weddings, or large one-time purchases. Standard Eligibility Requirements
A home equity loan, also known as a , allows you to borrow a lump sum of money using your home's equity as collateral. Equity is the current market value of your property minus any outstanding mortgage balances. Core Features
Homeowners typically use these loans for large, one-time expenses:
: Renovations can increase property value and may offer tax benefits.