5 ways savvy homeowners can take advantage of home equity

Your clients should use a home equity line of credit for an investment that will add value
  • Smart ways to use a HELOC are: for the down payment of a construction loan, for renovations with good ROI, for buying a second home, for funding investment properties and to consolidate debt.

A home equity line of credit, better known as a HELOC, can be an excellent avenue for helping clients achieve their dreams. But it’s essential that they be smart about how they use them.