- A good credit score
- A low debt-to-income ratio
- Sufficient equity in your home
Q: How much can I borrow with a home equity loan?
A: The amount you can borrow with a home equity loan will depend on your home’s value, the amount you still owe on your mortgage, and your creditworthiness. Lenders typically allow you to borrow up to 80% of your home’s equity.
Discover the Benefits of a Home Equity Loan | Tap into Your Home’s Value
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