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Home Equity Loan vs Line of Credit

March 13, 2014

Once you’ve owned a house for a few years and built some equity up, you can borrow against it. This type of loan is called a home equity loan or you can take out a home equity line of credit. While often this type of loan is used for major home improvements and renovations, you … Continue reading "Home Equity Loan vs Line of Credit"

Posted in: Loans

What’s a HELOC? How Would I Use One?

October 28, 2013

We get lots of questions about Home Loans and our resident expert, Mary Beth Geglia will be sharing the answers to some of the most common ones with us on the blog. What is a Home Equity Line of Credit (HELOC) and what are good uses for it? A Home Equity Line of Credit is … Continue reading "What’s a HELOC? How Would I Use One?"

Posted in: Home, Loans

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