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What is a Home Equity Line of Credit (HELOC)?
A HELOC is a revolving line of credit, similar to a credit card. You can borrow as much as you need up to your credit limit, any time you need it. Because a HELOC is a line of credit, you only make payments on the amount you borrow, not on the full amount available to you.
Visit our Home Equity Loans page for more information.