<prompt> Human: So I was unexpectedly laid off a few months ago, and am running out of savings as I look for another job. I recently bought a house and was able to put nearly 50 down. The decision made sense when I expected to be with the company for a long time, but now Im seriously regretting it. Is it reasonable to consider a home equity loan as a way to access some of that money for my immediate needs?Edit: Thanks for the input everybody! Im really just trying to consider all of my options. Talking to the bank is a good idea. My full-time employment outlook is uncertain. Im applying to lots of jobs in my area so hopefully something sticks. Im also considering part-time options to help bridge the gap. I do have prospects in other states, but we bought last September so weve put a lot of time and love into this place and would rather not have to move so soon. Foreclosure isnt a major concern because my family would help if it came to that, but Id like to exhaust my own resources first.  <response>: Youre unlikely to get approved for a home equity loan if youve been unemployed for months. 