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How much of your home equity can be borrowed in a home equity loan?

In: Loans, Home Equity and Refinancing, Money Management [Edit categories]

Answer:

Every lender has different requirements, but the standard is 80% of your total home value. A $100k home may have up to $80k in loans against it. Some lenders will go to 90% or in some rare cases 100%. There are usually rate or fee premiums for higher percentages.

First answer by Rmcclane07. Last edit by Rmcclane07. Contributor trust: 24 [recommend contributor ]. Question popularity: 2 [recommend question].

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