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 or to consolidate higher-interest rate …

2 days 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.

Dec 11, 2025 · A home equity loan is a type of consumer loan, while a HELOC is a revolving line of credit. Learn how both can allow you to borrow money against your home equity.

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. They work much like credit cards.

Jun 23, 2022 · What is a home equity line of credit? A HELOC is not a traditional mortgage because you do not receive a lump sum payment, but rather a revolving line of credit. …

5 days ago · The best Heloc rates are usually available to those with adequate home equity and high credit scores. Here’s how to take advantage of Heloc rate trends.

6 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 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 A home equity line of credit, or HELOC (/ˈhe̞ːˌlɒk/ HEH-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an …