<ul data-eligibleForWebStory="false"><li>Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes, using the property as collateral for payments.</li><li>HELOCs offer flexibility with a variable rate and a revolving line of credit, while home equity loans provide a lump-sum, fixed-rate option for borrowing.</li><li>Various loan amounts and terms are available, such as 5-year, 10-year, 15-year, 20-year, and 30-year, catering to different financial needs and preferences.</li><li>Homeowners can leverage their home's equity for purposes like renovations, investments, debt consolidation, and more, without needing to pay off their property entirely.</li></ul>

Current HELOC & Home Equity Loan Rates: July 9, 2025

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