Home Equity Loans: Requirements, Rates & How to Apply
Fixed-rate second mortgage providing a lump sum against your home equity. Predictable payments and fixed interest rate.
680
Min Credit Score
0%
Min Down Payment
43%
Max DTI
home-equity
Category
Key Takeaways
- ✓ Minimum credit score requirement: 680.
- ✓ Minimum down payment: 0% of the purchase price.
- ✓ Maximum debt-to-income (DTI) ratio: 43%.
- ✓ Fixed-rate second mortgage providing a lump sum against your home equity. Predictable payments and fixed interest rate.
Related Resources
See Home Equity Loans Rates by State
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