Sixty-five percent of Americans are homeowners. For many, their most valuable financial asset is their home. If you are among them, there may come a time when you need access to the equity you have built up in your home. A Home Equity Line of Credit (HELOC) could be just the answer.
Homeownership is an exciting achievement, but it’s also a huge responsibility. Entering into home-ownership when you’re ready is more important than doing so right away. Starting off on the right foot can positively impact future home-buying opportunities, while rushing into a situation you’re unprepared for can limit your options down the road.
Topics: Financial Education, Homeowners