What’s a HELOC and How does it Work?

Are you wondering what is a HELOC? A HELOC, or Home Equity Line of Credit is a line of credit secured by your home.  For example, if you have a HELOC with a $50k limit, and you use $10k, then you have $40k remaining. If you pay off the $10k, then you are back to …

What’s a HELOC and How does it Work? Read More »