Mortgage/Loan
 

Say “Hello” to HELOC.

A HELOC is a Home Equity Line Of Credit. Basically, that means it’s a line of credit secured by the equity you have in your home. With home prices going up, you may have more equity than you realize. Wanna Make Something Of It? You can use a HELOC in a variety of ways, from making home improvements to consolidating debt to covering medical expenses. HELOCs are flexible. They also allow you to draw on your line of credit on an as-needed basis. Points Of Interest Before you take out a HELOC, you should know that many HELOCs offer variable…