HELOC: Just Like Borrowing From Yourself

If you’re a homeowner who needs to borrow money for home improvements, debt consolidation, or a major purchase such as a new vehicle or boat, there’s a smart financing tool you may want to consider. It’s called a home equity line of credit, or HELOC for short, and it gives you an easy way to tap into the equity you’ve built in your home when you could use some extra cash. Continue reading