There are a number of ways to pay for your next home renovation project, but if you’re a homeowner who’s accrued equity, the best option for a home improvement loan may be with a home equity line of credit (HELOC). This is because while undergoing home repairs, the costs of and timetables for completion of […]
Finance for Homeowners
Ever since making your very first mortgage payment years ago, you’ve been slowly building up home equity. Now, if you have a variety of high-interest debt weighing heavy on your mind, you may be wondering how to use home equity for debt consolidation so you can sleep easier at night. Why Use Home Equity to […]
COVID-19 has drastically changed our lives in many ways — from jobs to finances — and now it’s impacting how to get a HELOC. If you’re a homeowner looking for emergency funding, debt consolidation, or cash for home improvements, a home equity line of credit, or HELOC, may be a great option. But the opportunity […]
Being a homeowner can offer many benefits, including the ability to build home equity. But exactly what is home equity and why is it so important? We have everything you need to know about home equity from how to calculate it to how to use it. Most importantly, we’ll explain how it could also be […]
COVID-19 has hit the world and our economy hard. But there’s one industry that has remained virtually unharmed: the housing market. Believe it or not, home prices have actually increased year over year. This is positive news for homeowners looking to leverage their home equity. So is a HELOC a good idea right now? Here […]
As a homeowner, you may be wondering: What is a HELOC? Find out everything you need to know about Home Equity Lines of Credit and how they work.