What is a Home Equity Line of Credit and How Does it Work?
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 …
Current HELOC Rates In January 2026 | Bankrate
1 day 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.
Open a Home Equity Line of Credit (HELOC) | Truist
A HELOC let's you tap into your home’s equity to consolidate debt, make home improvements, or finance major expenses. It takes minutes to apply and decisions are quick.
Home Equity Line of Credit (HELOC) - Home Equity Loans
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 …
Compare Current HELOC Rates Today – Forbes Advisor
2 days ago · Compare today’s HELOC rates, see current averages and find the best lenders offering low APRs, flexible terms, and fast approval times.
A Complete Guide to A Home Equity Line of Credit (HELOC) - Zillow
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 …
What Is a HELOC and How Does It Work? | SoFi
Dec 17, 2025 · A HELOC, or Home Equity Line of Credit, is a flexible, revolving credit line that lets homeowners borrow against their home's equity for various financial needs.
What is a home equity line of credit (HELOC)? - Capital One
Jul 19, 2022 · A home equity line of credit, also known as a HELOC, is a revolving line of credit that allows people to borrow against the equity in their homes. In some ways, HELOCs function a lot like …
What is a home equity line of credit (HELOC)?
A home equity line of credit (HELOC) is an “open-end” line of credit that allows you to borrow repeatedly against your home equity.
Home equity line of credit (HELOC): What it is and how it works
What is a home equity line of credit? 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.