Interest-Only HELOCs Explained Home Equity Line of Credit A " HELOC " or " home equity line of credit ," is a type of home loan that allows a borrower to open up a line of credit using their home equity as collateral. They can then draw upon it to pay for anything they wish, such as to pay off credit card debt or student loans.
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3 Things to Know in the housing market today!A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative.
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