Tag: equity line of credit

Mortgages & Your AAA Today

What Is Home Equity? Why It Matters and How To Build It

October 01, 2025. Kate Romain

Home equity is one of the major advantages of purchasing a home. But how exactly can it help you achieve your long-term financial goals?

Mortgages

Using a Home Equity Loan for Renovations and More

July 17, 2025. Andrew Sheldon

Home equity loans can be an effective way of paying for renovations or other major life expenses. But how exactly do they work?

Mortgages

Is Home Equity Loan Interest Tax Deductible?

February 02, 2023. AAA Staff

Whether the interest paid on a home equity loan or credit line is tax deductible depends primarily on one factor.

Mortgages

How Reverse Mortgage Lenders Work

November 30, 2018. Joanna Cutrara

Here are the eligibility rules you may not know, plus how to find reverse mortgage lenders and counselors.