Definition: A home equity line home equity line of credit definition is a line of credit that is attached to your home. It can also be referred to as a HELOC. The home equity line allows you to tap into the equity you .

Home Equity Line of Credit Definition. A home equity line of credit, also known by the acronym "HELOC," is a loan that relies on a home or other property as collateral.

home equity line of credit - definition of home equity line of credit - A method of borrowing in which a homeowner may borrow against home equity as needed using a checkbook or .

Thesaurus Legend: Synonyms Related Words Antonyms. Noun: 1. equity credit line - a loan secured by equity value in the borrower's home. home equity credit, home equity loan .

A HELOC is a Home Equity Line of Credit. The abbreviation is pronounced "he-lock". This page covers the basics of HELOCs and what you need to know about using a HELOC.

. Definition: A home equity line of credit or HELOC is a loan that is much like a credit card, except with lower .

Definition A home equity line of credit is a form of home equity line of credit definition revolving credit, similar to a credit card, that is secured by your home, with a set maximum

Find the definition and an explanation of Home Equity Line of Credit using LendingTree's online glossary of common loan-related terms.

Home Guides � Types of Mortgages & Loans � Home Equity Line of Credit Definitions � Definition of Home Equity

Home-Equity Loan - Definition of Home-Equity Loan on Investopedia - A consumer loan . A home-equity loan is basically a line of credit secured by your home. When the line of credit is .

Definition of a Home Equity Line of Credit. A home equity line of credit (HELOC) is an extremely valuable financial tool. With a HELOC, you can access the equity in your home .
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