Many homeowners are sitting on a good amount of equity these days, and home equity loans and lines of credit (HELOCs) can be a smart way to turn that equity into cash. Most of these equity products ...

Both home equity loans and home improvement loans can help you secure financing but have important distinctions.

Home equity loan rates fell this week, leading some prospective borrowers to wonder if it's better than a HELOC now.

A jumbo loan from PenFed requires a credit score of at least 700 and a minimum of six months of cash reserves. For a home equity line of credit, you'll need a credit score of at least 680.

PenFed’s product lineup includes checking and savings accounts, certificates of deposit (CDs), credit cards, personal loans, auto loans, mortgages and home equity loans. It also offers ...

PenFed’s HELOC is a solid option for several ... losing your home to foreclosure if you default on payments. A home equity loan is another type of financing that’s based on the amount of ...