A HELOC is a home equity line of credit. It is a loan, using your home as collateral, that lets you borrow up to a certain amount, rather than a set dollar amount.
Compare HELOC rates from lenders
Determine how big a line of credit you may qualify for
Learn the differences between home equity loans and HELOCs
Learn how to get the best HELOC rate
Can you refinance your HELOC?
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Serial refinancing is not ideal, but it’s hard to argue with locking in at today’s low rates.
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If you use a HELOC from your rental property to pay for your primary home, you can’t deduct the interest.
A longer time horizon makes the certainty of a fixed-rate mortgage more appealing.
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