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2. What to know about HELOC prepayment penalties - AOL

   www.aol.com/finance/know-heloc-prepayment...

   A home equity line of credit (HELOC) can be a useful financial tool if you have sufficient equity in your home and need a stream of cash. ... Trust Bank might impose a $500 early termination fee ...

3. 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).

4. Smart ways to use your home equity for remodeling - AOL

   www.aol.com/finance/smart-ways-home-equity...

   Banks: Major retail banks such as Bank of America, Fifth Third Bank and Citizens Bank provide home equity products. If you are an existing customer of these banks, you may get additional benefits..

5. Can I Use a HELOC to Pay off a Mortgage Faster ... - AOL

   www.aol.com/heloc-pay-off-mortgage-faster...

   2. You must have an acceptable debt-to-income (DTI) ratio. Your DTI includes all your debt, such as credit cards, auto loans, student loans, and mortgages.

6. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   4 ways to build your home equity faster. If you don’t have enough equity in your home to qualify for a loan or line of credit, building that equity isn’t going to happen overnight. Still, you ...

7. Should you use your home equity to pay off high-interest debt?

   www.aol.com/finance/home-equity-loan-pay-off...

   A HELOC — or home equity line of credit — is a revolving line of credit that allows you to tap your home's equity as you need it and make payments on your balance to build your approved credit ...