Equity is a term that you may encounter when dealing with financial matters. It is easy to understand, and if you have equity in your home, you may be able to qualify for certain types of loans that have special benefits.
4 min read
HELOC Draw Period: What is it? How Does it Work?
A home equity line of credit (HELOC) is a popular way for homeowners to tap into the equity they have in their homes. These loans are different from traditional loans in several ways, and it’s important to understand how they work before you apply for one.
3 min read
Should You Use a HELOC for Debt Consolidation?
You may be considering a home equity line of credit (HELOC) to gain access to the value you’ve collected in your home, also known as equity. HELOCs work much like credit cards. You’re given a set credit line based on your home’s equity where you can then withdraw money as needed.
