(by 15 people)
Home equity line of credit (HELOC) borrowing is more popular than ever. Rising home values coupled with low interest rates and favorable tax treatment make home equity loans and home equity lines of credit extremely attractive.
According to the Consumer Bankers Association, home equity credit loans represent a full 75% of consumer credit portfolios with home equity lines of credit having a 45% share of the market and regular home equity loans a 30% share.
Home equity lines of credit are among the most powerful and flexible financial tools available to the average person. It is our hope that through the information provided on this site, you will become a truly savvy user of home equity credit and use this knowledge to achieve your goals.
New Link List Module
- Planet HELOC Blog
- Current information and opinions about HELOC loans and related matters.
- Free HELOC Calculator
- Is a HELOC loan right for you? Use this free HELOC calculator to help you decide. Based on your inputs, the HELOC calculator will tell you how much you can borrow, how much your monthly payments will be, and how much tax savings you can expect to realize.
- HELOC Tips and More
- Informative site which gives tips and independent information to help you find the best HELOC loan and use it wisely.
- Home Equity Lender Directory
- Directory of quality home equity lenders in your state.
New RSS Module
Fetching RSS feed... please stand byGreat Stuff on Amazon
The Insider's Guide to Home Equity Borrowing
Amazon Price: $17.78 (as of 10/11/2008)
Retire On the House: Using Real Estate To Secure Your Retirement
Amazon Price: $18.95 (as of 10/11/2008)
