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2. Pros and cons of a home equity line of credit (HELOC) - AOL

   www.aol.com/finance/pros-cons-home-equity-line...

   A home equity line of credit (HELOC) offers a line of credit based on the equity in your home that you can borrow against when you need to. Like credit cards, HELOCs come with variable interest rates.

3. What are the pros and cons of home equity loans? A ... - AOL

   www.aol.com/finance/pros-cons-home-equity-loans...

   Both home equity loans and HELOCs (short for home equity line of credit) let you borrow against your home equity, with your property serving as collateral for the debt. With either option, you can ...

4. What is a HELOC? - AOL

   www.aol.com/finance/heloc-home-equity-line...

   A home equity line of credit (HELOC) is a variable-rate form of financing that allows you to cash in on the equity you have in your home. HELOCs are a revolving line of credit, similar to a credit ...

5. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   A home equity line of credit, or HELOC ( /ˈhiːˌlɒk/ HEE-lok ), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term ), where the collateral is the borrower's property (akin to a second mortgage ). Because a home often is a consumer's most valuable asset, many ...

6. How to shop for a HELOC: 10 ways to get the best HELOC rate - AOL

   www.aol.com/finance/shop-heloc-10-ways-best...

   10 tips to get the best HELOC rate. 1. Maintain good credit. Having a good credit score is one of the key ways to obtain a competitive interest rate when applying for HELOC. A lender will consider ...

7. Line of credit - Wikipedia

   en.wikipedia.org/wiki/Line_of_credit

   Finance. A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A financial institution makes available an amount of credit to a business or consumer during a specified period of time.