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 January 2026 | 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.
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.
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.
Compare HELOC Rates From Top Lenders | Mortgages | U.S. News
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 …
A Complete Guide to A Home Equity Line of Credit (HELOC)
Jun 23, 2022 · What is a home equity line of credit? A HELOC is not a traditional mortgage because you do not receive a lump sum payment, but rather a revolving line of credit. …
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.