How do I access a home equity line of credit?

Answer ApplicationHire a property appraiser to estimate the value of your home. The bank will use this figure with the principal of your outstanding mortgage and your personal credit history to calculate ... Read More »

Top Q&A For: How do I access a home equity line of credit

What is the dollar amount limit you can access on a home equity line of credit?

Answer amount depends on your credit score and the amount of equity you have in your home.

What is the difference between a home equity loan&a home equity line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund... Read More »

Is it Wise to Consolidate Credit-Card Debt Into a Home-Equity Line of Credit?

An acquisitions specialist buys products and services for her company, often for resale. Acquisitions specialists are often referred to as buyers or purchasing agents. They often determine which ty... Read More »

What is Home Equity Credit Line of Credit (HELOC), whst is the advantage and disadvantage of that?

A Home Equity Line of Credit is a line of credit based on the precentage of your home you have already paid for. For Ex. you have a loan for $100,000 and you have paid 30,000 of it off and owe $70... Read More »