What is a Home Equity Line of Credit and How Does it Work?
A home equity line of credit, also known as a HELOC, is a line of credit secured by your home that gives you a revolving credit line to use for large expenses or to consolidate higher-interest rate …
Current HELOC Rates In December 2025 | Bankrate
2 days ago · A home equity line of credit, or HELOC, is a second mortgage that uses your home as collateral to let you borrow up to a certain amount over time, rather than an upfront lump sum.
HELOC (Home Equity Line of Credit) and Home Equity Loan ...
Dec 11, 2025 · A home equity loan is a type of consumer loan, while a HELOC is a revolving line of credit. Learn how both can allow you to borrow money against your home equity.
What Is a HELOC, or Home Equity Line of Credit? - NerdWallet
Sep 3, 2025 · What is a HELOC? A home equity line of credit, or HELOC, is a second mortgage that gives you access to cash based on the value of your home.
What is a home equity line of credit (HELOC)? | Consumer ...
A home equity line of credit (HELOC) is an “open-end” line of credit that allows you to borrow repeatedly against your home equity.
Home equity line of credit (HELOC): What it is and how it ...
A home equity line of credit is a type of second mortgage that lets you borrow against the equity you’ve built in your home. They work much like credit cards.
Home equity line of credit - Wikipedia
A home equity line of credit, or HELOC (/ˈhe̞ːˌlɒk/ HEH-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), …