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 …

Oct 23, 2025 · A home equity line of credit (HELOC) is a variable-rate second mortgage that utilizes a portion of your home’s value through a revolving line of credit. You can use, pay …

Jun 23, 2022 · A HELOC lets you establish a revolving line of credit based on the value of your home, less the amount you owe — this is known as your home equity. Assuming you qualify, …

HELOCs give you a line of credit that you can use to draw money from your home’s equity. It works more like a credit card, where you can borrow money multiple times than a typical loan, …

Oct 13, 2025 · HELOC interest rates are variable and will likely change during the repayment period. HELOCs often have lower rates than home equity loans but higher rates than cash-out …

Aug 23, 2025 · A Home Equity Line of Credit (HELOC) lets you borrow against your home’s equity with flexible access to funds and potentially lower interest rates than personal loans or credit …

What Is a Home Equity Line of Credit? A Home Equity Line of Credit (HELOC) is a type of second mortgage that allows you to borrow against the available equity in your home – the difference …

Jun 12, 2025 · Understand how a HELOC works, how to qualify, and smart ways to use a home equity line of credit to tap into your home’s value.

Jan 1, 2025 · HELOCs Explained: What Is a Home Equity Line of Credit? Explore the pros and cons of a Home Equity Line of Credit (HELOC) and determine if it's the right financial tool for you.

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 …