Financing 101: Equity Lines

Equity Lines - What's a HELOC

Financing can definitely be one of the most complicated parts of the home buying process. Even after you purchase the home there are financing considerations.  I’m fortunate to have some great financing resources who make complicated things easier to understand.  One of those is Jonathan King with PMA Loans.  I asked Jonathan to share a bit about equity lines, aka HELOC’s (Home Equity Lines of Credit).  It’s a term we all hear, but many people wonder “What’s a HELOC?”, aren’t sure when to procure one or how it can be used.

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