– HOME EQUITY LOANS . If you have equity in your home, you can use it as collateral to take out a fixed-rate loan. You can use the money to fund a home upgrade.
How Long Does It Take to Get a Home Equity Loan or HELOC? – If you’re looking to use the equity in your home through a home equity loan or HELOC, you probably want to get the money fast. Whether you’re doing a home remodel, paying for a college education, or using the money for something else, you don’t want to wait around. In some case, getting a home equity loan can happen quickly.