Understand the differences when considering a true house equity loan and a house equity personal credit line

March 20, 2020

For home owners, utilizing your home’s equity to secure that loan or a credit line is a nice-looking, low-interest option to raise cash. While you can find small differences when considering a house equity loan and a house equity personal credit line (also referred to as a HELOC), they both provide greater borrowing restrictions than unsecured loans that are personal. Continue reading “Understand the differences when considering a true house equity loan and a house equity personal credit line”