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From HomeStreet Bank: Home Equity vs. HELOC


Our UHPA member benefits partner HomeStreet Bank has published its October message: 

Home Equity vs. HELOC

Deciding whether or not to use the equity in your home to
pay off unsecured debt and/or make home
improvements can be a difficult financial decision.
Second mortgages come in two basic forms: home equity
loans and home equity lines of credit (HELOCs) – both of
which offer the potential for low APRs and streamlined
monthly payments. Click here to learn if one of these is
right for you!


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