There are many home equity loans online, and it takes only a few minutes to get pre-approved on many of these. Home equity lines are based on the available equity in your home, and you only pay interest on the portion of the line you use. You can get the money you need when you want it.

Some top choices include:

1. www.lendingtree.com - 800-460-8109. They offer up to four real offers in just minutes. The site is secured. There is a simple form that you complete. They provide live customer support. You can also provide less information, for example, no social security number and no credit report required. Lenders compete for your business.
2. www.Chase.com - 888-342-4273. They will answer your request in about one minute. You can apply online or they will take an application by phone. You can access the funds via your Chase Platinum Visa or by the line of credit checkbook. The Chase payment assurance is an optional protection that helps in case of emergency.
3. www.WellsFargo.com - 800-497-6066. (Home Equity Specialist) or 866-545-6858 to apply by phone. They will calculate the rates and payments online for you. You provide the amount requested, balance on your mortgage, location, and estimated value of your house. A $40,000 loan could cost as little as $295.00 per month.
4. www.Quicken.com - 800-710-1755 - You can chat online or fill out a short form. They are considered a premier mortgage lender because they are fast, easy, and provide expert mortgage advice. They are also listed as one of the 100 best companies to work for by Fortune and Forbes.

If you are contemplating a home equity loan, the great benefit is that you do not have to utilize the loan just because you are approved. You can get a checkbook that includes the credit or activate it on a credit card when needed. It is also a great way to plan for an emergency.