Getting a HELOC with a Co-Applicant

How to Get a HELOC with a Co-Applicant

While some may think that equity guarantees you access to a home equity line of credit, or HELOC, it does not mean you qualify for one. Learn more about what a HELOC is and how it works. In this post, we’ll cover how to get a HELOC with a co-applicant.

HELOC vs. Second Mortgage: What’s the Difference?

home equity line of credit vs second mortgage

It’s a common question, what’s the difference between a HELOC vs a second mortgage? The short answer is, not a whole lot aside from verbiage. A second mortgage is another loan taken against your property that’s already mortgaged. You’ll be borrowing again, not to buy a home this time, but against your home by using […]

How Big Should Your Emergency Fund Be?

Tough situations tend to raise many complicated questions, one of the questions you might be asking yourself is about the size of your emergency fund. Having an emergency fund may help to ensure that you and yours are provided for, regardless of what comes next. How Much Should Your Emergency Fund Be? You’ve probably heard […]

Your Top 5 HELOC Questions Answered

A home equity line of credit, or HELOC, is a great option for many homeowners. You can use a HELOC to fund a home renovation, finance a large purchase, or consolidate debt. Learn more below.

Is HELOC Interest Tax Deductible?

Many HELOC borrowers find themselves asking, “Is HELOC interest tax-deductible?” The short answer is yes, but not all the time. There are limitations that borrowers should be aware of. Let’s dive into the facts about HELOC and taxes.