A Home Equity Line of Credit (HELOC) is a revolving loan that allows homeowners to borrow against the equity in their home. Unlike a traditional loan, you can borrow and repay during the draw period.

Buying a home is a daunting task and is one of the biggest"if not the biggest"investments you'll make. About 74% of home buyers take out a mortgage, according to a 2025 report by the National ...

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