Home Equity Line of Credit

Piggy bank with small house on bundles of cashHELOC, which stands for home equity line of credit, is a type of loan that lets you use the equity in your home as revolving credit rather than an installment loan. Taking out one is typically easier than many people think, and can be a great way to get some needed cash or save money each month by paying off higher interest debt. Whether you’re looking to buy some toys, pay off debt or remodel, a HELOC is one of the better lending options available to homeowners looking to borrow. Many people love their home and don’t need a new one, so taking advantage of a home equity line on their current property to pay off bills or make a major purchase makes economic sense. We enjoy researching properties of all types and finding the best HELOC deals to share with you. Below you’ll find top lender promotions to help you take out an equity line of credit on your home and numerous financial articles with helpful information about mortgages, houses, condos, and other types of real estate.

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Recent Articles & Promotions:

American Savings Bank (HI) Offering HELOC with Ultra Low 0.75% Introductory APR for 12 Months

Having access to affordable credit is an important aspect of financial well-being. A home equity line of credit is one way to accomplish this for homeowners. As the value of a residential property and the mortgage balance is paid down simultaneously, a home equity line of credit can be established to effectively borrower against the […]

Posted on June 28, 2017 by Melissa

MidWestOne Bank offering HELOC with 0.99% Introductory Interest Rate for 6 Months

A home equity line of credit (HELOC) can be a valuable financial tool for homeowners. As equity accumulates over time, due to a rising market value of the home combined with the pay down of a mortgage balance, homeowner’s have the ability to borrow against that equity to fund major expenses. Paying for a child […]

Posted on June 21, 2017 by Melissa

MidSouth Bank offering Home Equity Line of Credit with 2.45% Introductory APR for 6 Months

Being a homeowner can be financially beneficial once the value of the home rises above the outstanding balance remaining on a mortgage loan. Once that takes place, a home equity line of credit (HELOC) can be used to finance larger expenses, from college funding for children or grandchildren to a home renovation or remodel. Home […]

Posted on June 6, 2017 by Melissa

Union Bank offering HELOC with Low 1.99% Introductory APR for 6 Months

Homeowners who have accumulated equity in their residential properties have a valuable financial tool at their fingertips. A home equity line of credit, or HELOC, works as a flexible financing vehicle which can be used to pay for large expenses, including a family vacation, a child’s education, or a home renovation. When interest rates are […]

Posted on May 29, 2017 by Melissa

California Bank & Trust offering HELOC with 2.49% Introductory Interest Rate for 9 Months

A home equity line of credit (HELOC) can be a homeowner’s best friend, as it works as a direct line to affordable funds when the need arises. Because there are no restrictions on how funds from a home equity line of credit can be used, homeowners have full control over how they spend. Planning for […]

Posted on May 24, 2017 by Melissa

Velocity Community Credit Union (FL) offering $295 off Mortgage Closing Costs

Buying a home is still very much a part of the American dream. Real estate is viewed as a strong asset in most markets, and affordable financing through low-interest rate mortgages makes the prospect of home-ownership a reality for some individuals and families. There are, however, costs included in buying a home that can add […]

Posted on May 18, 2017 by Melissa

Bank of Oklahoma offering HELOC with 2.75% Introductory APR for 12 Months

Being a homeowner comes with a number of perks, not the least of which is access to the equity accumulated in the home. Through a home equity line of credit, homeowners have the unique ability to borrow at attractive interest rates, making the process of funding life’s big expenses easier. Whether home equity is used […]

Posted on May 16, 2017 by Melissa

Comerica Bank offering Home Equity Line of Credit with 2.74% Intro Interest Rate for 6 Months

A home equity line of credit can be a helpful financial tool for homeowners. Most banks and credit unions offer a home equity line of credit at a far more affordable rate than a personal loan or credit card, and flexibility is built into the revolving credit line so homeowners can use funds when and […]

Posted on April 10, 2017 by Melissa

Zions Bank offering Home Equity Line of Credit with 2.24% Introductory APR for 6 Months

Homeowners who have equity in their primary residence have a valuable asset which can be used as a borrowing tool. Through a home equity line of credit (HELOC), homeowners can borrow against equity to pay for any of life’s major expenses, like consolidation of high-interest credit card debt, funding a child’s education, or taking a […]

Posted on March 29, 2017 by Melissa

Logix FCU offering Home Equity Line of Credit with 2.99% Introductory APR for 12 Months

Using a home equity line of credit (HELOC) to pay for major life expenses is a sound alternative to conventional bank loans. A home equity line of credit offers flexibility in how much you can borrow, when the outstanding balance is repaid, and for what purpose the funds are used. Additionally, home equity lines of […]

Posted on March 16, 2017 by Melissa