Home Equity & Foreclosure : Difference Between a Home Equity Loan & a HELOC

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Uploaded by on Feb 10, 2009

A home equity loan is generally a fixed rate loan, while the HELOC, or Home Equity Line of Credit, is like having a credit card on a home. Find out how the HELOC can be used for debt consolidation with help from a financial adviser in this free video on home equity and personal finance.

Expert: Matthew McKillen
Contact: www.innovativefg.com
Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz

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