A home equity line of credit, or HELOC, is a type of home equity loan that allows you to draw funds as you need them and repay the money at a variable interest rate. We often see that HELOCs are generally best for people who need funds to pay down debt or for ongoing home improvement projects. HELOCs will typically have lower interest rates than home equity loans and personal loans. In order to get the best rates, you’ll have to have a high credit score, a low debt-to-income ratio and a lot of tappable equity in your home.

At Femme Capital Partners we offer expert guidance to help you make smarter financial decisions.We can help you with a home equity line of credit, evaluate the best terest rates, terms and fees across a wide variety of lenders we work with.