If you’re dealing with high-interest debt or a major expense, your home’s equity could be an option to consider.

Home equity loans, HELOCs and cash-out refinances let you convert part of your home’s value into cash — often at lower rates than credit cards. Depending on the option, you may receive a lump sum, flexible access to funds or fixed monthly payments.

This approach may make sense if you:

💰 Have built meaningful equity
🏠 Meet lender credit and income requirements
🔧 Plan to consolidate debt, fund renovations or cover a large expense

Compare Money’s top picks to find a home equity option that fits your budget.