HELOC Pros and Cons Experts Wish You Knew

If you're considering tapping into your home's equity, understanding the pros and cons of a Home Equity Line of Credit (HELOC) can unlock financial flexibility and help you make informed decisions—browse options now to see how a HELOC might fit your needs.

Understanding HELOCs

A Home Equity Line of Credit (HELOC) is a revolving line of credit secured by the equity in your home. Unlike a traditional home loan, a HELOC allows you to borrow money as needed, up to a predetermined limit, and pay interest only on the amount you use.