What is a home equity line of credit (HELOC)? 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 …

A home equity line of credit (HELOC) is an “open-end” line of credit that allows you to borrow repeatedly against your home equity.

Jun 23, 2022 · A home equity line of credit is separate from the mortgage on your home (if you have a mortgage). With a HELOC, you’ll have access to a set sum of money that is structured …

1 day ago · A home equity line of credit lets you borrow against your home's equity through an open-ended line of credit – similar to a credit card but with a set loan term. That term includes …

4 days ago · Compare today’s HELOC rates, see current averages and find the best lenders offering low APRs, flexible terms, and fast approval times.

Home equity line of credit 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 …

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.

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.

Free calculator that finds the HELOC amount you can borrow, along with the monthly payment, interest, total cost, and APR after factoring in closing costs and fees.

Oct 13, 2025 · A home equity line of credit (HELOC) is a variable-rate form of financing that lets you cash in on the equity you have in your home. HELOCs are a revolving line of credit, …