In the News

Title

Your Neighbor Got A HELOC, Should You?

Document Type

Article

Publication Date

3-31-2016

Abstract

One neighbor is putting in a pool. Another is redoing their kitchen and adding a deck. Their secret weapon: a home equity line of credit or HELOC. A HELOC is different than a home equity loan that allows you to borrow a lump sum at one time with set payments at a fixed interest rate.