A method of borrowing in which a homeowner may borrow against home equity as needed using a checkbook or credit card. It differs from a standard loan in that the borrowing may be done over a period of time, preventing excess borrowing and limiting interest costs.
Related information about home equity line of credit:
- Home equity line of credit - Wikipedia, the free encyclopedia
A home equity line of credit (often called HELOC and pronounced Hee-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed ...
- Home Equity Lines of Credit - Consumer Financial Protection Bureau
What is a home equity line of credit? A home equity line of credit is a form of revolving credit in which your home serves as collateral. Because a home often is a ...
- Home Equity Loan Rates, News and Advice from Bankrate.com
Find a Home Equity Line of Credit rate ... Ignoring the payments on a home equity line of credit could trigger a disastrous domino effect. Paying for home repairs ...
- Home Equity Line of Credit (HELOC) from Bank of America
A home equity line of credit allows you to access your money as you need it, up to a credit limit. Learn about HELOCs and HELOC rates and apply at Bank of ...
- Home Equity Credit Lines
When you take out a home equity line of credit, you pay for many of the same expenses as when you financed your original mortgage. These include items such ...
- Home Equity Line of Credit (HELOC) - Wells Fargo
A home equity line of credit from Wells Fargo can be a sensible way to access funds for various needs. Apply online today!
- CHASE Home Equity Loans and Lines of Credit
What are the primary advantages of a home equity line of credit? What can a home equity loan be used for? What can a home equity line of credit be used for?
- Home Equity Line of Credit - Nationwide
Get a home equity line of credit (HELOC) from Nationwide Bank. Find home equity line financing with flexible features, attractive HELOC rates and convenient ...