Unlike a home equity loan, HELOCs usually have adjustable interest rates.
If you are having trouble paying your mortgage, before taking out a home equity loan or home equity line of credit, talk to a housing counselor to see if there may be other options that make better financial sense for you. Call the CFPB at (855) 411-CFPB (2372) to be connected to a HUD-approved housing counseling agency today.
Author: Dean Jakubowski Ret
Last Updated:
Views: 6590
Rating: 5 / 5 (50 voted)
Reviews: 89% of readers found this page helpful
Name: Dean Jakubowski Ret
Birthday: 1996-05-10
Address: Apt. 425 4346 Santiago Islands, Shariside, AK 38830-1874
Phone: +96313309894162
Job: Legacy Sales Designer
Hobby: Baseball, Wood carving, Candle making, Jigsaw puzzles, Lacemaking, Parkour, Drawing
Introduction: My name is Dean Jakubowski Ret, I am a enthusiastic, friendly, homely, handsome, zealous, brainy, elegant person who loves writing and wants to share my knowledge and understanding with you.