A HELOC is a revolving line of credit backed by the value of your home. Typically, a HELOC has a 10-year draw period followed by a 20-year repayment period. It is often referred to as a second ...
Americans are sitting on record piles of home equity, and Chase wants in. The bank is rolling out a new home equity line of credit, or HELOC, aimed at helping homeowners tap their property’s value ...