The Home Equity Lines of Credit booklet helps readers understand the important aspects of home equity lines of credit. Some of the items covered in this booklet include:
- Home Equity Plan Checklist
- What is a home equity line of credit?
- What should you look for when shopping for a plan?
- Costs of establishing and maintaining a home equity line
- How will you repay your home equity plan?
- Lines of credit vs. traditional second mortgage loans
- What if the lender freezes or reduces your line of credit?
- More resources
(This booklet was revised 01/2014)