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Home Improvements that Add Value to Your Home

Summer is almost here, which means we’re in the thick of home improvement season! Reports from the Joint Center for Housing Studies of Harvard University indicate that Americans spent an estimated $340 billion on home remodeling and repairs in 2018. That’s great news for contractors, but homeowners themselves don’t always realize the gains they...

Making Your Money Work for You with a Home Equity Loan or Line of Credit

Home Equity Loans and Lines of Credit are a great form of financing and are a great way to secure financing for big projects around the home. Taking advantage of the value you have in your home is a great way to investment in improvements that will add value to your home. It’s a way to make your money work for you!

Best Uses of a Home Equity Line of Credit

A Home Equity Line of Credit is a powerful financial tool available to home owners, a source of funding against the equity which you have built in probably your biggest investment: your home. As you are borrowing against a very stable source of collateral, these products generally have lower interest rates than many other forms of consumer...

How Do I Know if a HELOC is Right for Me?

Home equity remains a tremendous financial resource when used wisely and for right reasons. A home equity line of credit (HELOC) can be obtained using your home equity as security. Although the route to getting cash looks easy, it’s prudent to take the loan for right financial reasons. 

FAQs About Home Equity Lines of Credit

A home equity line of credit (HELOC) is a type of loan offered to homeowners using their home as collateral. The amount of loan pre-approved depends on the value of the home, household income, credit score and other factors.

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