![Best Home Equity Line of Credit (HELOC) Lenders for July 2024](https://cdn.statically.io/img/ic-cdn.flipboard.com/cnet.com/0a5d9b30a6fa6df9e9f1ac222143a5776af89d07/_large.jpeg)
Best Home Equity Line of Credit (HELOC) Lenders for July 2024
A home equity line of credit, or HELOC, is a type of loan where homeowners borrow against the property’s value to get flexible access to cash. If you have at least 15% to 20% equity in your home, you can use a HELOC to help cover a large expense -- like a home renovation, such as adding solar …
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