Let’s talk about a home equity line of credit or HELOC! In today’s video, I am going to review the pros of a HELOC and the cons of a HELOC. Many first-time homebuyers are not sure whether a home equity line of credit is right for them. A great mortgage lender will help home buyers determine this.
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Timestamps:
Intro (0:00)
What Is a Home Equity Line of Credit (1:30)
Pros of a HELOC Loan (2:59)
Cons of a HELOC Loan (5:15)
Homebuying Advice (8:32)
Questions? (10:00)
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