You bought a home. You pay the mortgage on time every month. And after a few years, you’ve seen the principle inch down a bit.
The news is even better if your circumstances and needs have changed. Maybe you want to pay for a wedding, take a vacation or consolidate outstanding debt. Or perhaps you need some extra money for home improvements like a bathroom or kitchen remodel. All of this might be possible with a HELOC, a home equity line of credit.