DiscoverWealth Redefined®E262: Home Equity Loan vs. HELOC – What’s the Difference and Which One Is Right for You?
E262: Home Equity Loan vs. HELOC – What’s the Difference and Which One Is Right for You?

E262: Home Equity Loan vs. HELOC – What’s the Difference and Which One Is Right for You?

Update: 2025-06-18
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Tapping into your home’s equity can be a helpful way to access funds for major expenses. However, choosing between a home equity loan and a home equity line of credit (HELOC) can be confusing.
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E262: Home Equity Loan vs. HELOC – What’s the Difference and Which One Is Right for You?

E262: Home Equity Loan vs. HELOC – What’s the Difference and Which One Is Right for You?

Michael Reynolds, CFP®