Frequently Asked Questions (FAQ)
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Home equity loans and home equity lines of credit (HELOCs) are very flexible and may be used for almost any expense, including:
- Home improvements (remodeling a room or replacing an HVAC)
- Debt consolidation (credit cards, loans, medical bills)
- College tuition and expenses
- New car
- Car refinance
- Recreational vehicles (boats, motorcycles, ATVs)
- Vacations (airfare, hotel, expenses)
- Unexpected expenses (medical bills, new furnace