Tired of sharing a bathroom? Break free from small spaces with a Home Equity Line-of-Credit. Uncover what a HELOC is and ways to use it below!
What is a HELOC?
A Home Equity Line-of-Credit provides you with a revolving line-of-credit borrowed against the equity in your home. It’s perfect for home renovations, especially if you’re unsure how much you might spend or how long the project will last. Use the money when you want, how you want!
What Can I Use It For?
The great thing about a HELOC is there are no restrictions for how you use the line-of-credit. You can use it however you see fit. If you’ve always wanted to build your dream master bathroom, go for it! Now is the perfect time to make those home improvements! Here are some examples of projects you can tackle with a HELOC:
- Bathroom Remodel: Building an extra bathroom, or adding to your current one, can give you the extra space you've always wanted!
- Kitchen Remodel: Needing to replace cabinets, put down new flooring and more in your kitchen? You can give your kitchen a fresh new look with the help of a HELOC!
- Build a Deck: Your backyard is a place to relax and have fun. Build or remodel a deck and enjoy a great place for cookouts with family and friends!
- New Appliances & Furniture: If you’re needing to replace your appliances or furniture, a HELOC can help give your home a brand-new makeover!
- Smaller Projects: You don’t have to take on huge projects when you get a HELOC. You can simply refinish flooring, paint interior or exterior walls, and many other small projects!