HELOC (Home Equity Line of Credit)
A revolving line of credit secured by the equity in a home. Borrowers can draw, repay, and redraw funds during a set period. Interest rates are usually variable and tied to a benchmark.
A revolving line of credit secured by the equity in a home. Borrowers can draw, repay, and redraw funds during a set period. Interest rates are usually variable and tied to a benchmark.