Video: How to Take Advantage of Your Home’s Equity

The best option may depend on your plans for the loan.

If you own a home, you’ve probably heard of a home equity loan or home equity line of credit (often called a HELOC). But maybe you want to understand the difference between a loan and a line of credit, advantages and benefits, and how either can work for you. Watch a quick video to understand the equity of your home and loan options in just a minute: 

 

Learn more about SDFCU’s Home Equity Loan and HELOC rates, benefits, terms, and access our online application.

 

Topics:
Home Equity

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