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2. Best uses for a home equity line of credit (HELOC) - AOL

   www.aol.com/finance/best-uses-home-equity-line...

   6 best uses for a home equity line of credit (HELOC) HELOCs tend to be taken out for big-ticket expenses: The minimum line of credit you can establish is $10,000 , and $30,000 is a common floor ...

3. What is the draw period on a HELOC and how does it work? - AOL

   www.aol.com/finance/draw-period-heloc-does...

   A home equity line of credit (HELOC) is a financing tool that converts your home’s equity into spendable funds. It works similarly to a credit card: You can borrow as needed up to an approved limit.

4. How to calculate your home equity — and how much of it you ...

   www.aol.com/finance/calculate-home-equity...

   In this case, your home equity would be $190,000 — a 46 percent stake. Step 4: Calculate how much you can borrow. You can’t borrow the full amount of your home equity. Many lenders allow you ...

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).

6. Should you use a home equity loan to remodel or ... - AOL

   www.aol.com/finance/home-equity-loan-for...

   Many lenders — including Key Bank, TD Bank and Bank of America — are known for offering “relationship” discounts on their home equity products if you’re an existing customer and meet ...

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

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

   A HELOC is a way to tap into your home’s equity — the portion of your home you own outright. Like a credit card, a HELOC lets you borrow from a credit line gradually, as the need arises, up to ...