From what it is to how it works, we have everything you need to know about home equity and how you can use it.
Have home equity available? Explore all of the ways you could use this financial resource.
Whether you’re taking a home you already love and making it better or taking a fixer-upper and restoring it to livability, the key to a successful remodel is planning. Remodel projects take a significant investment in time, money, and effort, and the details can become overwhelming without proper planning. Fortunately, by breaking it down step-by-step […]
One of the biggest reasons to remodel or add to your home is to improve its resale value. Many renovations and remodel projects show a solid average return on investment (ROI.) While opinions vary on whether adding a bathroom is a smart way to boost a home’s value, a bathroom addition can often have a […]
Can’t decide between a construction loan vs a HELOC? Prosper can help you pick the best way to finance your home renovation project!
What’s a good APR for a home loan? The answer is relative. Annual percentage rates (APRs) fluctuate based on the prime rate and other economic factors, so the definition of a good APR will vary based on what’s available when you ask the question. In addition, the rates offered to an individual depend on their […]
You probably already know that a home equity line of credit (HELOC) may be one of the smartest ways to fund significant home repairs, pay for education costs or consolidate outstanding high-interest debt into a single loan at a lower interest rate. But how much home equity do you need for a HELOC? In this […]
Winter is a great time to hunker down and tackle those projects you’ve been thinking about all year.
Should you use a HELOC to pay off a mortgage? Weigh the pros and cons to find out if using a home equity line of credit is your best option.