HE Loan vs HELOC: Which One Is Right for You?

HE Loan vs HELOC: Which One Is Right for You?

Thinking about tapping into your home’s equity?

There are two main options: a Home Equity Loan (HE Loan) and a Home Equity Line of Credit (HELOC).
And while they sound similar, they work very differently. Here’s a quick breakdown:
🏗️ Home Equity Loan = You borrow a fixed lump sum (e.g. $200,000), and start repaying it immediately with set terms.
🔁 HELOC = You get access to a revolving line of credit, borrowing only what you need, when you need it—like a credit card backed by your home.

👉 Want predictable payments? A HE Loan may be better.
👉 Want flexibility for ongoing projects or unexpected costs? A HELOC could be smarter.

In this video, you'll learn:
✅ The key differences between HE Loans and HELOCs
✅ Pros and cons of each
✅ Which one fits your financial goals
✅ Real-world use cases and recommendations

🎯 Don’t guess—choose the equity solution that works best for you.

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