A home equity line of credit, also known as a HELOC, is a line of credit secured by your home that gives you a revolving credit line to use for large expenses or to consolidate higher-interest rate …

6 days ago · A home equity line of credit, or HELOC, is a second mortgage that uses your home as collateral to let you borrow up to a certain amount over time, rather than an upfront lump sum.

What is a home equity line of credit? A home equity line of credit is a type of second mortgage that lets you borrow against the equity you’ve built in your home.

A HELOC lets you borrow money using the available equity in your home, which is the value of your home minus the amount you owe on your mortgage. Only consider a HELOC if you’re …

May 8, 2025 · A HELOC functions like a credit card but is secured by the equity in your home. When you open a HELOC, you’re given a credit limit based on the value of your home minus …

Dec 11, 2025 · What is a home equity line of credit? A home equity line of credit, or HELOC, is a revolving credit line that’s secured by the equity you’ve built in your home. The HELOC can be …

Jul 11, 2025 · Learn what a home equity line of credit (HELOC) is, how to qualify, the costs, pros and cons and how to get a HELOC.

Jun 23, 2022 · Curious about a home equity line of credit? Read for heloc qualifications, how much cash you can get, closing costs, and when to pay it back.

Oct 13, 2025 · A home equity line of credit (HELOC) is a secured loan tied to your home that allows you to access funds as needed. You can make as many purchases as you’d like, as …

A HELOC, in contrast, is a pre-approved amount of revolving credit, based on the equity in your home, that you can access during a specific “draw period.” You then pay off the balance …