Your home is usually your largest asset. Put the equity to work with a home equity loan or line of credit.
When you borrow against the equity in your home, you enjoy a lower loan rate than traditional loans plus a higher loan limit. Home equity loans and lines are perfect for large medical expenses, major home improvements or repairs, large auto repairs, and recurring college or other education bills.
A home equity loan will give you a fixed amount of money with a fixed term and repayment schedule. A home equity line of credit will allow you to draw down funds then borrow again as you repay the balance.