--- title: Hanscom FCU MoneyWisdom Blog | Home Equity description: Home Equity | Hanscom Federal Credit Union offers free financial education for our members and as an employee benefit for our business partners. Our mission is to help our members become MoneyWiser. Get tips, worksheets and information to help you achieve a balanced budget, save money and plan for your retirement. --- [![MoneyWisdom_HFCU_r2](https://go.hfcu.org/hs-fs/hubfs/MoneyWisdom_HFCU_r2.png?width=464&name=MoneyWisdom_HFCU_r2.png "MoneyWisdom_HFCU_r2")](https://go.hfcu.org/blog) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) - [Auto](https://go.hfcu.org/blog/topic/auto) - [Business](https://go.hfcu.org/blog/topic/business) - [Credit Score](https://go.hfcu.org/blog/topic/credit-score) - [Home](https://go.hfcu.org/blog/topic/home) - [Credit Cards](https://go.hfcu.org/blog/topic/credit-cards) - [Life Changes](https://go.hfcu.org/blog/topic/life-changes) - [Insurance](https://go.hfcu.org/blog/topic/insurance) - [Investments](https://go.hfcu.org/blog/topic/investments) Filter by Category** - [Show All](https://go.hfcu.org/blog) - [Security](https://go.hfcu.org/blog/topic/security) - [Personal Finance](https://go.hfcu.org/blog/topic/personal-finance) - [Auto](https://go.hfcu.org/blog/topic/auto) - [Business](https://go.hfcu.org/blog/topic/business) - [Credit Score](https://go.hfcu.org/blog/topic/credit-score) - [Home](https://go.hfcu.org/blog/topic/home) - [Credit Cards](https://go.hfcu.org/blog/topic/credit-cards) - [Life Changes](https://go.hfcu.org/blog/topic/life-changes) - [Insurance](https://go.hfcu.org/blog/topic/insurance) - [Investments](https://go.hfcu.org/blog/topic/investments) ![woman on steps](https://go.hfcu.org/hubfs/woman%20on%20steps.png) ## Crush Lifestyle Creep ### Protect your financial future [Learn more](https://go.hfcu.org/blog/avoid-lifestyle-creep) ![romantic couple sitting on park bench looking at each other](https://go.hfcu.org/hubfs/older%20couple%20in%20love%20blog%20banner.png) ## Romance Scams ### Are you vulnerable to the latest ones? [Learn More](https://go.hfcu.org/blog/how-to-avoid-a-romance-scam) ![man and woman in new home celebrating with champagne](https://go.hfcu.org/hubfs/Blog%20Banners%201900%20x%20800px.png) ## Celebrate the Move! ### Our No-Money-Down Mortgage can help [Read more here](https://go.hfcu.org/blog/introducing-hanscom-fcus-no-money-down-mortgage) ![restaurant owners](https://go.hfcu.org/hubfs/restaurant%20owners.jpg) ## Reach Your Goals ### A business loan can help get you there [Read more](https://go.hfcu.org/blog/bid/156108/what-is-the-best-way-to-get-a-small-business-loan) ![blond woman walking with tablet and coffee cup in hand](https://go.hfcu.org/hubfs/Blog%20Banners%201900%20x%20800px%20(20).jpg) ## Share Certificates ### Earn a better rate on your savings [Learn More](https://go.hfcu.org/blog/share-certificate) ### Posts by Topic - [Personal Finance (262)](https://go.hfcu.org/blog/topic/personal-finance) - [Home (164)](https://go.hfcu.org/blog/topic/home) - [Life Changes (109)](https://go.hfcu.org/blog/topic/life-changes) - [Credit Cards (92)](https://go.hfcu.org/blog/topic/credit-cards) - [Security (74)](https://go.hfcu.org/blog/topic/security) - [Credit Score (69)](https://go.hfcu.org/blog/topic/credit-score) - [Auto (60)](https://go.hfcu.org/blog/topic/auto) - [Checking (54)](https://go.hfcu.org/blog/topic/checking) - [Business (48)](https://go.hfcu.org/blog/topic/business) - [Investments (36)](https://go.hfcu.org/blog/topic/investments) - [Mortgage (32)](https://go.hfcu.org/blog/topic/mortgage) - [Savings (29)](https://go.hfcu.org/blog/topic/savings) - [Scams (29)](https://go.hfcu.org/blog/topic/scams) - [Work (28)](https://go.hfcu.org/blog/topic/work) - [Debt (25)](https://go.hfcu.org/blog/topic/debt) - [Holidays (25)](https://go.hfcu.org/blog/topic/holidays) - [Money Management (22)](https://go.hfcu.org/blog/topic/money-management) - [Hanscom FCU (21)](https://go.hfcu.org/blog/topic/hanscom-fcu) - [Home Ownership (21)](https://go.hfcu.org/blog/topic/home-ownership) - [Credit Report (20)](https://go.hfcu.org/blog/topic/credit-report) - [Government (20)](https://go.hfcu.org/blog/topic/government) - [Home Equity (18)](https://go.hfcu.org/blog/topic/home-equity) - [Budget (17)](https://go.hfcu.org/blog/topic/budget) - [Mobile Banking (17)](https://go.hfcu.org/blog/topic/mobile-banking) - [Investment Property (16)](https://go.hfcu.org/blog/topic/investment-property) - [Saving Money (16)](https://go.hfcu.org/blog/topic/saving-money) - [Insurance (15)](https://go.hfcu.org/blog/topic/insurance) - [Taxes (15)](https://go.hfcu.org/blog/topic/taxes) - [Children (13)](https://go.hfcu.org/blog/topic/children) - [College (11)](https://go.hfcu.org/blog/topic/college) - [Financial Wellness (11)](https://go.hfcu.org/blog/topic/financial-wellness) - [Retirement (11)](https://go.hfcu.org/blog/topic/retirement) - [Community (10)](https://go.hfcu.org/blog/topic/community) - [Online Banking (10)](https://go.hfcu.org/blog/topic/online-banking) - [Estate Planning (8)](https://go.hfcu.org/blog/topic/estate-planning) - [COVID (7)](https://go.hfcu.org/blog/topic/covid) - [Deals (7)](https://go.hfcu.org/blog/topic/deals) - [Death (7)](https://go.hfcu.org/blog/topic/death) - [Shopping (7)](https://go.hfcu.org/blog/topic/shopping) - [Fraud (6)](https://go.hfcu.org/blog/topic/fraud) - [Mass Save (6)](https://go.hfcu.org/blog/topic/mass-save) - [Teens (6)](https://go.hfcu.org/blog/topic/teens) - [Divorce (5)](https://go.hfcu.org/blog/topic/divorce) - [Travel (5)](https://go.hfcu.org/blog/topic/travel) - [ATM (4)](https://go.hfcu.org/blog/topic/atm) - [Baby (4)](https://go.hfcu.org/blog/topic/baby) - [Debit Cards (3)](https://go.hfcu.org/blog/topic/debit-cards) - [Motorcycles (3)](https://go.hfcu.org/blog/topic/motorcycles) - [Weddings (3)](https://go.hfcu.org/blog/topic/weddings) - [Boats (2)](https://go.hfcu.org/blog/topic/boats) - [Charity (2)](https://go.hfcu.org/blog/topic/charity) - [Family Finance (2)](https://go.hfcu.org/blog/topic/family-finance) - [Lending (2)](https://go.hfcu.org/blog/topic/lending) - [Credit Unions (1)](https://go.hfcu.org/blog/topic/credit-unions) - [Green (1)](https://go.hfcu.org/blog/topic/green) - [Medical (1)](https://go.hfcu.org/blog/topic/medical) - [Pets (1)](https://go.hfcu.org/blog/topic/pets) - [dormant account (1)](https://go.hfcu.org/blog/topic/dormant-account) - [inactive account (1)](https://go.hfcu.org/blog/topic/inactive-account) - [Read More ** 21 Feb ![woman and man with baby in kitchen working on home renovations](https://go.hfcu.org/hubfs/FAMILY%20doing%20home%20renovation.png) HELOC vs. Cash-Out Refinancing: What's the Difference? Have you been watching your home's value increase over the years and want to leverage that equity? If so, there are several reasons why you might consider tapping into this valuable asset, such as.. ** Home Home Equity Mortgage ** Hanscom Federal Credit Union ](https://go.hfcu.org/blog/heloc-vs.-cash-out-refinancing-whats-the-difference) - [Read More ** 01 Jan ![A father plays with his toddler in their backyard in-ground pool. He's holding him up out of the water and they're both smiling and laughing. ](https://go.hfcu.org/hubfs/Understanding%20Home%20Equity.png) Understanding Home Equity: What Is A HELOC? ## Everything you need to know about HELOCs They say home is where the heart is – it may be where the smart borrowing is, too! If you've lived in your home for a while, you may have equity built up that.. ** Investments Home Home Equity Home Ownership ** Hanscom Federal Credit Union ](https://go.hfcu.org/blog/understanding-home-equity-what-is-a-heloc) - [Read More ** 21 Dec ![A happy lesbian couple, a Black woman and a white woman, spending time together on their couch. The white woman is pregnant and has her head on her partner's lap.](https://go.hfcu.org/hubfs/What%20is%20Home%20Equity%20And%20How%20Does%20it%20Work.png) What is Home Equity And How Does it Work? ## What Is Home Equity? Home equity is the difference between the appraised value of your home and any current mortgage balance(s). For example, if your home is currently appraised at $325,000 and you.. ** Home Equity Home Ownership ** Hanscom Federal Credit Union ](https://go.hfcu.org/blog/what-is-home-equity-and-how-does-it-work) - [Read More ** 05 Dec ![An older Black couple drinking coffee together in their bright living room. ](https://go.hfcu.org/hubfs/What%20To%20Ask%20About%20Borrowing%20Home%20Equity.png) What to Ask About Borrowing Home Equity ## Everything You Want to Know Before You Borrow Home Equity So you’re thinking about borrowing home equity, but you have a bunch of questions. What kinds of rates can I expect? What sorts of penalties.. ** Home Home Equity ** Hanscom Federal Credit Union ](https://go.hfcu.org/blog/what-to-ask-about-borrowing-home-equity) - [Read More ** 25 Nov ![A grey haired white woman bakes in the kitchen with her grandkids. They were playing with the flour and have some on all of their smiling faces.](https://go.hfcu.org/hubfs/How%20To%20Use%20Home%20Equity%20Best%20Uses%20For%20Your%20HELOC.png) How to Use Home Equity: Best Uses For Your HELOC ## How Do Homeowners Use Home Equity? Rising residential real estate values mean an increase in home equity for American homeowners, and many are taking advantage of this fresh source of revenue. But.. ** Investments Home Equity Home Ownership ** Hanscom Federal Credit Union ](https://go.hfcu.org/blog/how-to-use-home-equity-best-uses-for-your-heloc) - [Read More ** 23 Nov ![Young white couple sit on their floor putting together furniture as they remodel their home together.](https://go.hfcu.org/hubfs/Home%20Equity%20Loan%20Vs.%20Home%20Equity%20Line%20Of%20Credit.png) ](https://go.hfcu.org/blog/home-equity-loan-vs-home-equity-line-of-credit) [Home Equity Loan vs. Home Equity Line Of Credit If you want to make some essential home improvements or simply need cash to pay bills, you may be looking at your [home's equity as a source of funding](https://go.hfcu.org/blog/wise-home-equity-planning). First, home equity is the value of your home.. ](https://go.hfcu.org/blog/home-equity-loan-vs-home-equity-line-of-credit) ** Investments Home Equity ** Hanscom Federal Credit Union - [Read More ** 28 Sep ![man and woman at kitchen counter looking at laptop screen](https://go.hfcu.org/hubfs/Blog%20Photos%20(2).jpg) ](https://go.hfcu.org/blog/how-to-buy-an-ownership-share-of-a-property) [How to Buy an Ownership Share of a Property There are a number of reasons you may find yourself in a position where you need to buy out another owner of a property. The most commonly thought of situation would be as part of a [separation or..](https://go.hfcu.org/blog/7-steps-to-building-your-post-divorce-budget) ](https://go.hfcu.org/blog/how-to-buy-an-ownership-share-of-a-property) ** Home Divorce Home Equity Mortgage ** Hanscom Federal Credit Union - [Read More ** 20 May ![man and woman drinking from mugs sitting next to ladder in a home renovation](https://go.hfcu.org/hubfs/Blog%20Photos.jpg) Say Hello to a HELOC They say home is where the heart is – it may be where the smart borrowing is, too! If you've lived in your home for a while, you may have equity built up that can help you manage your finances. If.. ** Home Home Equity ** Bill Burpeau ](https://go.hfcu.org/blog/bid/183160/say-hello-to-a-heloc) - [Read More ** 21 Mar ![mother rubbing noses with daughter at kitchen table while son stirs a spoon next to them](https://go.hfcu.org/hubfs/Untitled%20design%20-%202022-02-10T072804.753.jpg) ](https://go.hfcu.org/blog/what-you-need-to-know-about-putting-your-home-in-a-trust) [What You Need to Know About Putting Your Home in a Trust When you're creating [an estate plan](https://go.hfcu.org/blog/estate-planning-101-the-difference-between-a-will-and-a-trust), your home is likely one of your more important assets. Ensuring it is properly and easily passed to your [beneficiaries](https://go.hfcu.org/blog/whats-the-difference-between-an-heir-and-a-beneficiary) is probably one of your main concerns... ](https://go.hfcu.org/blog/what-you-need-to-know-about-putting-your-home-in-a-trust) ** Home Estate Planning Home Equity Mortgage ** Brette Sember - [Read More ** 01 Nov ![family of four on living room floor laughing](https://go.hfcu.org/hubfs/Blog%20Photos%20800%20x%20800px%20(17).jpg) 5 Things to Know About Home Equity If you're looking to tap into the equity of your home, it'll be worth your time to do some homework. Understanding the pros and cons of loan products on the market and how each might impact you can.. ** Home Home Equity ** Hanscom Federal Credit Union ](https://go.hfcu.org/blog/5-things-to-know-about-home-equity) [**](https://go.hfcu.org/blog/topic/home-equity#) [1](https://go.hfcu.org/blog/topic/home-equity/page/1) [2](https://go.hfcu.org/blog/topic/home-equity/page/2) [**](https://go.hfcu.org/blog/topic/home-equity/page/2) ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. 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Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://X.com/HanscomFCU The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.instagram.com/hanscomfcu/ The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### https://www.linkedin.com/company/hanscomfcu/ The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ## You are Leaving Hanscom Federal Credit Union #### **Please read the following before proceeding to:** ### http://www.youtube.com/c/HanscomFederalCreditUnion The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. ### Popular Posts [What You Need to Know About Putting Your Home in a Trust](https://go.hfcu.org/blog/what-you-need-to-know-about-putting-your-home-in-a-trust) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Untitled%20design%20-%202022-02-10T072804.753.jpg) [What You Need to Know About Your Federal Tax Bracket](https://go.hfcu.org/blog/what-you-need-to-know-about-your-tax-bracket) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Untitled%20design%20-%202021-03-22T123305.900.jpg) [6 Boat Types to Get on the Water](https://go.hfcu.org/blog/6-boat-types-to-get-on-the-water) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/images/Jet_Ski.jpg) [Here's The Difference Between An Heir And A Beneficiary](https://go.hfcu.org/blog/whats-the-difference-between-an-heir-and-a-beneficiary) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/grandparents%20on%20beach.png) [23 Organizations Dedicated to the Needs of Seniors](https://go.hfcu.org/blog/23-organizations-dedicated-to-the-needs-of-seniors) ![older man looking at top retirement worry on digital device](https://go.hfcu.org/hubfs/Senior%20citizens.jpg) ### Recent Posts - [![National Credit Union Administration](https://go.hfcu.org/hs-fs/hubfs/NCUA-logo-small.png?width=95&name=NCUA-logo-small.png) ](https://www.ncua.gov/) [![Equal Housing Lender](https://go.hfcu.org/hs-fs/hubfs/EHL-logo-small.png?width=65&name=EHL-logo-small.png)](https://www.hud.gov/fairhousing) - @ 2023 [Hanscom Federal Credit Union](https://www.hfcu.org/) - Federally insured by the National Credit Union Administration. - [Privacy Policy](https://www.hfcu.org/content/docs/Privacy_Notice.pdf) **Disclosure:** Hanscom Federal Credit Union does not provide and is not responsible for any products, services, or overall website content available at any third-party sites linked within this blog. Moreover, Hanscom Federal Credit Union's privacy policies do not apply to any of the linked websites within this blog. Please consult the privacy disclosures on those linked sites for further information. ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Hanscom Federal Credit Union" }, "dateModified" : "August 3, 2023, 2:55:51 PM", "datePublished" : "2022-05-16 18:57:25", "description" : "Home Equity | Hanscom Federal Credit Union offers free financial education for our members and as an employee benefit for our business partners. Our mission is to help our members become MoneyWiser. Get tips, worksheets and information to help you achieve a balanced budget, save money and plan for your retirement.", "headline" : "HFCU Money Wisdom Blog listing page", "image" : { "@type" : "ImageObject", "url" : "" }, "mainEntityOfPage" : { "@id" : "https://go.hfcu.org/blog/topic/home-equity", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://cdn2.hubspot.net/hubfs/118438/Logo%202.jpg" }, "name" : "Hanscom Federal Credit Union" } } ```