A home equity line of credit (HELOC) comes with distinct pros and cons if opened this May. Here are four to know.

Home equity lending products have come to the forefront of homeowner funding sources as rates for home equity loans and home ...

Lenders view a first-lien HELOC as less risky because it serves as the main loan on your home. If you can't repay and your ...

One home equity borrowing option is much more affordable today, but what about in the long run? Here's what to know.

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. A HELOC allows you to borrow exactly ...

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit that can be used for ongoing home renovations ...

While your home equity shouldn’t be the first place you go to cover a cash shortfall, a home equity line of credit (HELOC) ...

Against today's economic backdrop, then, it may make sense to refinance your home equity loan into a HELOC (and ... actually used – not the full line of credit approved for.

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

One major benefit of a HELOC is the flexibility it offers. For example, if you take out a $300,000 HELOC but only use ...

Natalie toggles between news stories and enterprise reporting to bring timely personal finance topics to readers. Her mission is to help inform people of all financial backgrounds about events ...