What is a home equity line of credit (HELOC)? 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 …

2 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.

Sep 3, 2025 · What is a HELOC? A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home.

Jun 23, 2022 · A home equity line of credit is separate from the mortgage on your home (if you have a mortgage). With a HELOC, you’ll have access to a set sum of money that is structured as a revolving …

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. They work much like credit cards.

1 day ago · A home equity line of credit lets you borrow against your home's equity through an open-ended line of credit – similar to a credit card but with a set loan term. That term includes a draw …

Dec 31, 2025 · The best Heloc rates are usually available to those with adequate home equity and high credit scores. Here’s how to take advantage of Heloc rate trends.

Home equity line of credit A home equity line of credit, or HELOC (/ˈhe̞ːˌlɒk/ HEH-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period …

Dec 11, 2025 · A home equity loan is a type of consumer loan, while a HELOC is a revolving line of credit. Learn how both can allow you to borrow money against your home equity.

If you own a home and are looking to borrow money, consider the benefits of a home equity line of credit. Home Equity line of credit can be used to pay for a variety of things including home …