Home values have soared across the country, and many homeowners are starting to use their home equity to access extra cash.
The good news for those who already have low mortgage rates: you can often borrow against your home without giving up that original rate.
If you own a home and have built up equity, it's worth checking your options on a comparison site like LendingTree (see offers).
Many homeowners qualify for significant amounts (sometimes over $200,000¹). The money can be used as you see fit.
It’s free to see potential rates and lenders, there’s no obligation, and many homeowners are surprised to learn they can access funds without changing their current mortgage rate.
For homeowners with a low mortgage rate, a home equity loan can be a way to borrow thousands of dollars without affecting your original rate. Compare offers here.
How Much Can I Borrow?
- Get started by clicking on your state in the map below.
- It takes around 2 minutes to review and compare loan offers
How do I see if I qualify?
LendingTree has helped thousands of American homeowners tap into their home equity by connecting them with a network of lenders. It only takes a couple of minutes to get started, and you can quickly compare lender options, rates, and loan amounts.
If you’ve built up equity, now might be a good time to see what you can access, whether it’s for a trip, paying down debt, or home improvements.
Step 1: Click on your current mortgage balance:
Step 2: Head to LendingTree to compare offers from lenders. A lot of homeowners are surprised by how much they might be able to borrow.
