There are some credible reasons to borrow home equity from a paid-off home. Here are three owners should consider.

A policy surrender, where you terminate the policy and take the cash value, minus any surrender charge. Option No. 1, borrowing money from life insurance, can be a convenient and low-cost way to ...

Borrowing money from family is awkward enough ... good about it and everyone knows exactly what it is," he said. "If you can name it, you can tame it." He also advises that the family members ...

A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...