Most lenders require a certain amount of equity to qualify for a reverse mortgage, but the exact amount can vary.

Less than 10%. That's what a $30,000 home equity loan would be equivalent to now, when borrowed from the average homeowner's ...

You may be able to use a home equity loan to secure a loan to buy — and potentially improve — a plot of land. A home equity loan might offer better terms and interest rates than other financing ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. When it comes to ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. To ...

Your home is likely among your biggest financial assets. And if you’re entering retirement, it may also be more space (and expense) than you need. Many retirees choose to downsize — selling a larger ...

Borrowing against the value of your home can be a smart way to cover big expenses, but only if you manage it carefully. Whether you’re renovating, paying down debt, or handling unexpected costs, the ...

The Small Business Administration now allows buyers to offer sellers equity stakes up to 20%, while structuring the deal as an asset purchase. That means they can keep the old owner involved without ...

Couples who got married in 2025 spent an average of $36,000 on their wedding, according to Zola, up from $33,000 in 2024 and $29,000 in 2023. While many people save up for the big day, nearly a third ...