Saving, Managing Debt, and Budgeting

Home Equity

Is it easy to get a home equity loan?

It is easy to get a home equity loan if you have owned your home for many years, and have a good credit history. An equity line may be obtained as soon as the bank can schedule an appraisal of your home to determine its present value. Assuming you have no other loans on the property, you can usually obtain a home equity loan in a matter of days or weeks.


This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App