"One's home equity line" refers to the amount of money that a person can borrow against the value of their home. It is essentially a loan where the person uses their home as collateral. Full definition
Also you can take an advantage of home equity line of credit or an equity loan. (personalmoneyservice.com)
This index — often used for consumer loans, like auto loans, home improvement loans and credit cards — is a popular base rate used for home equity lines of credit. (zillow.com)
The HELOC interest rates from the last quarter of 2017 for $ 30,000 credit lines are provided below as a gauge of how rates on home equity lines of credit move over time. (lendedu.com)