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Homeownership & Mortgage

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What Can You Use a HELOC For?

Feb 7th, 2025

by: Regan Godderz

Homeownership & MortgagePersonal Finance Tips

A home equity line of credit (HELOC) is a flexible borrowing option that allows you to tap into your home’s equity as needed. HELOCs are commonly used to pay for large expenses, consolidate debt, or cover unexpected costs. Unlike a traditional loan that provides a lump sum, a HELOC is a reusable line of credit. ...

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