The difference between a home equity line of credit & a home equity loan (explained) http://thriftydiydiva.com/the-difference-between-a-home-equity-line-of-credit-a-home-equity-loan-explained/ #homeowners #financetips
Interested in borrowing against your home’s available equity to pay for other expenses? The good news is you have choices, but it can be tricky to weigh the options. This breaks down the key differences between a cash- out refinance and a home equity line of credit. Learn more about home equity and what works for your financial picture.
A major perk of using a Home Equity Line of Credit to consolidate your debt is that you’re likely to reduce the amount of interest you’re paying. Home equity interest rates can be lower than credit card or other loan rates. Find out if it’s the right option for you.
Looking to make a splash this summer by finally adding in that pool? Learn how to complete this and other backyard projects to help increase the value of your home using a Chase Home Equity Line of Credit.