HELOC Learning Center

Your one-stop resource for in-depth articles, guides, and answers about Home Equity Lines of Credit.

Using a HELOC for Home Renovations

Learn how to strategically use a HELOC for home renovations. This guide covers planning, budgeting, and managing draws to maximize your investment.

A detailed guide to the IRS rules for deducting HELOC interest. Learn if your project qualifies and what records you need to keep.

A complete guide to understanding Home Equity Lines of Credit, how they work, and their pros and cons.

Learn about the typical requirements for credit score, home equity, and debt-to-income ratio to qualify for a HELOC.

A detailed comparison to help you decide which option is the best for tapping into your home equity.

A guide to how HELOC rates are determined, the factors that influence them, and how to find the best possible rate for your situation.

Follow our clear, step-by-step guide to navigate the HELOC application process with confidence, from preparation to closing.

A guide to comparing national banks, credit unions, and online lenders to find the best rates and terms for your HELOC.

Understand the transition from the draw period to the repayment period and how to manage the risk of "payment shock".

A deep dive into how variable rates work and the common fees to watch out for, helping you understand the true cost of borrowing.

Learn the pros and cons of using home equity to consolidate high-interest debt. Is it a smart financial move for you?

A guide for real estate investors on the specific requirements and strategies for getting a HELOC on a rental property.

Understand the primary risks of a HELOC, from foreclosure to payment shock, and learn strategies to borrow responsibly.