7 Common Uses for Your Home Equity Line of Credit
Homeowners who have equity in their home can use it as revolving credit and borrow against it when they use a Home Equity Line of Credit, otherwise referred to as a HELOC. It’s easy to get a HELOC and can come in handy when you need quick access to funds at a favorable interest rate.
How to Buy and Sell a House at the Same Time
If you must sell your current home first, your dream home could be off the market by the time you’re ready to buy. If you buy your dream home before selling your current home, you may be making two mortgage payments each month. What do you do? If you’re like most people, you probably don’t want to have two mortgage payments. This is where a bridge loan from Arbor Financial Credit Union could make sense for you.