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    • Best HELOC Rates In April 2024 | Bankrate

      Bankrate.com· 5 days ago

      A home equity line of credit, or HELOC, is a second mortgage that uses your home as collateral to let you borrow up to a certain amount over time, rather than an upfront lump sum.

    • What Is An Interest-Only HELOC?

      Consumer Affairs· 5 days ago

      HELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?