I know what a home equity loan is but not sure about a line of credit-which one would you recommend?
A home equity line of credit (HELOC) is a revolving account, compared to a loan you take out against your house. In laymen's terms, it's a home equity "credit card" without the plastic card or the high interest, and the amount on your "card" is within the amount of equity you have in your home.
line of credit- percentage of what your worth, highly recommended no one can take away what you don't have .
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