Make the Most of Your Equity With a Home Equity Line of Credit
Saving up enough money to meet your goals can take years, but as a homeowner, you may not need to.
Whether you need funds to pay off debt, renovate your home, or pay for college tuition, a home equity line of credit (HELOC) may be able to help you.
What Is a HELOC?
A HELOC is a revolving line of credit that is secured by your home. It allows you to borrow against the equity in your home to fund other expenses, and since it’s revolving, you can tap into it whenever you need to, as long as there’s equity available.