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2. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage). Because a home often is a consumer's most valuable asset, many homeowners ...

3. Pros and cons of a home equity line of credit (HELOC) - AOL

   www.aol.com/finance/pros-cons-home-equity-line...

   A HELOC (home equity line of credit) offers a line of credit based on the equity in your home that you can borrow against when you need to.Like credit cards, HELOCs come with variable interest ...

4. What is a HELOC? - AOL

   www.aol.com/finance/heloc-home-equity-line...

   A home equity line of credit (HELOC) is a variable-rate form of financing that allows you to cash in on the equity you have in your home. HELOCs are a revolving line of credit, similar to a credit ...

5. Best uses for a home equity line of credit (HELOC) - AOL

   www.aol.com/finance/best-uses-home-equity-line...

   6 best uses for a home equity line of credit (HELOC) HELOCs tend to be taken out for big-ticket expenses: The minimum line of credit you can establish is $10,000, and $30,000 is a common floor for ...

6. How to shop for a HELOC: 10 ways to get the best HELOC rate - AOL

   www.aol.com/finance/shop-heloc-10-ways-best...

   10 tips to get the best HELOC rate. 1. Maintain good credit. Having a good credit score is one of the key ways to obtain a competitive interest rate when applying for HELOC. A lender will consider ...

7. Home equity loan vs. HELOC: Which is best for borrowing ...

   www.aol.com/finance/home-equity-loan-vs-heloc...

   A home equity line of credit — more commonly called a HELOC — is a revolving line of credit that’s similar to a credit card. You can borrow on your line of credit when you need it and make ...