Awasome Can You Buy A House With Home Equity Loan References. A home equity loan can be a great way to borrow money at a low cost to fund home improvements or consolidate debt. The short answer is yes, although the advantages and disadvantages of this course of action may depend on what the.

The short answer is yes, although the advantages and disadvantages of this course of action may depend on what the. But if you have bad credit (fico score below 580), you. A home equity loan is a type of mortgage that is secured by your house.