Home equity loan or HELOC vs. reverse mortgage: Which is right for you?
They all let you tap your ownership stake, but they differ significantly in a lot of ways.
12 min read
Dec 14, 2023
Erik J. Martin
Contributor, Personal Finance
EXPERTISE
- Personal finance
- Mortgages
- Housing market
- Home improvement
- Credit cards
EDUCATION
- Bachelor of Arts, Loyola University Chicago
- Dale Carnegie Training
Erik J. Martin is a contributor to Bankrate covering personal finance, including mortgages, the housing market, home improvement and credit cards. Based in the Chicago area, he is host of the “Cineversary” podcast and blogs on Cineversegroup.com and Martinspiration.com.
In addition to Bankrate, Martin has contributed to AARP The Magazine, Tte Chicago Tribune, Reader’s Digest, The Costco Connection and USAA, among other outlets.
Erik J.'s latest articles
-
-
What is Continental Finance — and are its cards right for you?
Continental Finance offers credit products for people with poor credit.
5 min read Nov 30, 2023 -
Will a change to my credit card number hurt my score?
Changing your credit card number shouldn’t affect your credit score if done properly.
6 min read Nov 22, 2023 -
Should you give income updates to your credit card issuers?
If your credit card issuer asks for an income update, you can choose how to respond.
4 min read Nov 22, 2023 -
How to change the name on your credit card
Reach out to your credit card issuer to request a name change on your card.
6 min read Nov 22, 2023 -
Cost of selling a house in Ohio
Selling a home isn’t free. Here’s a breakdown of the cost to sell in Ohio.
6 min read Nov 09, 2023 -
How to buy a house at auction
Real estate auctions are complicated, and can be very competitive.
7 min read Nov 07, 2023 -
Home improvements for people with disabilities
Ideas for home modification, along with their costs and resources for help.
8 min read Nov 02, 2023
