What Are the Pros and Cons of a HELOC?
A Mortgage Editorial on Home Equity Strategy, Draw Period Leverage, and Real Estate Investment Financing For many homeowners, real estate is the largest financial asset they will ever own. Over time, as mortgage balances decrease and property values rise, homeowners accumulate equity inside their homes. That equity represents real wealth that can be accessed through strategic mortgage financing tools. One of the most popular ways to tap that wealth is through a Home Equity Line of Credit, commonly referred to as a HELOC. In recent years, HELOCs have become one of the fastest growing home equity products in the United States.
