Keyword Analysis & Research: where to apply for home equity loan
Keyword Analysis
Keyword Research: People who searched where to apply for home equity loan also searched
| Keyword | CPC | PCC | Volume | Score |
|---|---|---|---|---|
| where to apply for home equity loan | 1.25 | 0.1 | 8238 | 77 |
| how to apply for a home equity loan | 0.18 | 1 | 1952 | 29 |
| how soon can i apply for a home equity loan | 1.34 | 0.2 | 4490 | 4 |
| how do you apply for a home equity loan | 0.84 | 0.2 | 9807 | 50 |
| apply for home equity loan online | 1.83 | 0.3 | 9556 | 6 |
| apply for home equity loan with bad credit | 0.37 | 0.9 | 8073 | 78 |
| apply for home equity loan bank of america | 1.24 | 0.6 | 6488 | 86 |
| apply for home equity loan with wells fargo | 0.33 | 0.8 | 2464 | 99 |
| how to apply for a home equity loan online | 0.89 | 0.5 | 2365 | 7 |
| where to apply for a home equity loan | 1.9 | 0.7 | 4511 | 65 |
| how do i apply for home equity loan | 1.98 | 0.9 | 3849 | 69 |
Frequently Asked Questions
Most lenders will want you to have at least 15% to 20% equity in your home both before and after the home equity loan. So, for example, if your home is currently worth $300,000 and you still owe $270,000 on your mortgage, your equity is $30,000, or 10%.
What documents do you need to provide when applying for a home equity loan?You’ll want to produce a solid estimate of the home’s value, as well as documents showing your household income, Social Security number and any other outstanding balances. Lenders also will ask for a mortgage statement, a property tax bill and a copy of your homeowner’s insurance policy, among other requested documents.
How much money can you borrow with a home equity loan?You can expect to be able to borrow up to 85% of your home equity, according to the Federal Trade Commission. If you have $50,000 of equity, that means you’re generally limited to borrowing up to $42,500.
