How Does an Equity Line of Credit Work? An equity line of credit is a type of revolving credit that allows homeowners to borrow against the equity in their home. Homeowners can use this credit to ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Aven and Figure are two fintech lenders changing how people tap into their home equity, each with a distinct product. Both ...

Reina Marszalek is a staff senior personal finance editor at Buy Side from WSJ. Staff Deputy Personal Finance Editor, Buy Side from WSJ Valerie Morris is a staff deputy personal finance editor at Buy ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes.  A home ...

Founded in 1904, Bank of America is the largest HELOC lender in the U.S., with $25.5 billion loaned in the last quarter of 2024. We love BofA's home equity line of credit for its extensive draw range ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...