So, you may have heard of a HELOC, or home equity line of credit. You may even be considering one as a way to access cash from your home. In this video, NerdWallet's Kate Wood breaks down everything you need to know about HELOCs and reveals whether or not its a smart money move for homeowners.

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Suggested Articles:
What Is a Home Equity Line of Credit, or HELOC?: https://www.nerdwallet.com/article/mo...
Requirements for a Home Equity Loan and HELOC: https://www.nerdwallet.com/article/mo...
Should You Get a HELOC?: https://www.nerdwallet.com/article/mo...

Chapters:
0:00 Intro
0:30 What Is A HELOC (Home Equity Line of Credit)
1:53 HELOC Interest Rates
3:06 HELOC Variation
4:10 HELOC Lenders
4:33 How To Apply for a HELOC
6:34 HELOC Draw Period

#NerdWallet #HELOC #CertificateOfDeposit

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HELOC Explained: How It Differs From A Home Equity Loan | NerdWallet
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