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HELOC

Learn how a home equity line of credit (HELOC) works and how to find the best loan for your situation.

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A young man sitting at a desk holding papers and researching HELOCs on his laptop.

7 Myths and Facts About HELOCs

Louis DeNicola profile imageBy Louis DeNicola
May 1, 2023

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The latest from our experts

How Does a HELOC Affect Your Credit Score?

HELOCs can affect your credit scores just like other types of credit accounts. Here's how ...

Louis DeNicola profile imageBy Louis DeNicola
Jul 16, 2025

How Much Can You Borrow With a HELOC?

The amount you can borrow with a HELOC depends on the amount of equity you have in your ho...

Tim Maxwell profile imageBy Tim Maxwell
Jul 16, 2025

What You Need to Know About HELOCs in 2025

A variable-rate HELOC might be a good option if you need to borrow money and think interes...

Louis DeNicola profile imageBy Louis DeNicola
Nov 25, 2024

How to Pay for Home Improvements

One way to pay for home renovations is to finance some or all of your costs. If you take t...

Marianne Hayes profile imageBy Marianne Hayes
Mar 28, 2024

Can I Get a Home Equity Loan or HELOC if I’m Not on the Deed?

When applying for a HELOC, your name should be on the deed so your lender can verify you o...

Tim Maxwell profile imageBy Tim Maxwell
Oct 14, 2023

What Is a Good HELOC Interest Rate?

A good interest rate is one that is lower than the prevailing average HELOC rate. With goo...

Tim Maxwell profile imageBy Tim Maxwell
Oct 11, 2023

What Is a HELOC Freeze or Reduction?

A homeowner may be able to ask for reversal of a HELOC freeze or reduction once the circum...

John Egan profile imageBy John Egan
Jan 17, 2023

Do HELOCs Require an Appraisal?

HELOC lenders typically require an appraisal, which determines your property's current val...

Emily Starbuck Gerson profile imageBy Emily Starbuck Gerson
Nov 20, 2022

How Do HELOC APRs Work?

A HELOC APR is usually a variable-rate that can rise or fall, resulting in higher or lower...

Tim Maxwell profile imageBy Tim Maxwell
Nov 12, 2022

Can You Sell Your House if You Have a HELOC?

Having a HELOC generally doesn't prevent you from selling your home, but certain scenarios...

Emily Starbuck Gerson profile imageBy Emily Starbuck Gerson
Nov 5, 2022

How Does HELOC Repayment Work?

A home equity line of credit (HELOC) lets you borrow money against the equity in your home...

Karen Axelton profile imageBy Karen Axelton
Oct 24, 2022

How Long Does It Take to Get a HELOC?

A HELOC is an attractive option for many borrowers, but it can take several weeks. Here's ...

Tim Maxwell profile imageBy Tim Maxwell
Oct 21, 2022

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