How Does an Equity Line of Credit Work? An equity line of credit is a type of revolving credit that allows homeowners to borrow against the equity in their home. Homeowners can use this credit to ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.  A home ...

You can use home equity to pay off high-interest debt or improve your home, but it’s important to understand the risks.

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...