W ith borrowing rates remaining high on most options and home equity levels sitting at record high levels, many homeowners are eyeing their home equity as a potential source of fu

Home equity loan closing costs are typically 2% to 5% of your loan amount, though there are ways to pay less up-front. Learn what to expect when closing on a HEL.

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, consolidate debt or support education expenses. Includes pros, cons and who they're best for.