Credit that can generally be borrowed, repaid and borrowed again up to an available limit under the account terms.
Put this term into context.
Use related guides, calculators, and magazine features to see how this concept affects real home-equity decisions.
Related Education Guides
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Read guide →Related Magazine Features
HELOC vs. HELOAN: The Core Difference Is Revolving Credit Versus a Lump Sum
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The recurring investor feature compares a DSCR HELOC, DSCR HELOAN or second mortgage, and DSCR cash-out refinance using a realistic rental-property scenario.
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