By building equity, benefiting from property appreciation, and enjoying tax advantages, homeowners can create a solid foundation for wealth accumulation.
The Financial Benefits of Home Ownership: Building Wealth Over Time
Category: Home Equity
What is a HELOC?
A home equity line of credit (HELOC) is a type of loan that allows you to borrow money against the equity in your home. Equity is the difference between the value of your home and the amount you owe on your mortgage.