You are constantly hearing about home equity loans or what are also referred to as H.E.L.O.C.'s (pronounced He-Locks). The bank advertises them to me every time I go through the teller and I am constantly receiving promotional materials in the mail about how I qualify for a H.E.L.O.C. I am very familiar with how they work and actually have a couple on properties that I own. To educate my readers and provide the simplest explanation of a H.E.L.O.C. please click on the link below. If you have any questions beyond this, you can call me. And as always, if I can't answer your questions then I can certainly steer you in the right direction.
http://www.ahahome.com/aha_side_42_pub.cfm
Realtor Ryan, Broker
Comments(1)