23: Cash Out Refinance vs HELOC - What's Best For You?
Description
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WATCH
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EPISODE DESCRIPTION
In this episode, Tom & Brandon explain the differences between two types of products you can use to tap into your home equity. A HELOC, or home equity line of credit, or a cash out refinance on your mortgage.
What was discussed:
→ What a home equity line of credit (HELOC) is and some use cases.
→ What a cash-out refinance is and some use cases.
→ And what would be a better way to gift funds to your children.
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