A home equity line of credit (HELOC) can be a valuable tool for homeowners looking to leverage the equity in their homes. Whether you are planning a major renovation, consolidating debt or funding a ...

Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...

Becoming a homeowner is a major milestone, and the benefits don't end when you cross the threshold. Under the right circumstances, you can use your home as a tool to reach other financial goals. In ...

Lower interest rates: Often, Helocs have lower interest rates than home equity loans or personal loans. They have lower ...

A HELOC is a line of credit based on your home’s equity: The more equity (value) you’ve built up in the home, the more money you can access via a HELOC. Among the advantages of a HELOC: It allows you ...

Reina Marszalek is a staff senior personal finance editor at Buy Side from WSJ. Staff Deputy Personal Finance Editor, Buy Side from WSJ Valerie Morris is a staff deputy personal finance editor at Buy ...

Understanding the mechanics of a HELOC: How a home equity line of credit works Becoming a homeowner is a major milestone, and the benefits don't end when you cross the threshold. Under the right ...