HELOC Worth It? The Pros and Cons | NerdWallet скачать в хорошем качестве

HELOC Worth It? The Pros and Cons | NerdWallet

A HELOC, or a home equity line of credit, is a second mortgage that's a flexible line of credit that you can draw from as needed, up to a certain limit. Home Nerd Kate Wood brings Taylor Getler on to discuss how HELOCs work, how they work for, and other considerations before getting a home equity line of credit. Suggested Articles: HELOC Calculator: https://www.nerdwallet.com/article/mo... Chapters: 0:00 - Intro 0:43 - What Is A HELOC? 1:19 - How Does A HELOC Work? 1:48 - What Are The Advantages Of A HELOC? 3:11 - What Are The Downsides Of A HELOC? 3:52 - What Projects Are HELOCs Best For? #NerdWallet #HELOC #Mortgage Subscribe to NerdWallet - https://bit.ly/3wGvVf3 About NerdWallet: We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions. Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. Connect with NerdWallet: Follow NerdWallet on TikTok:   / nerdwallet   Follow NerdWallet on Instagram:   / nerdwallet   Follow NerdWallet on Twitter:   / nerdwallet   Follow NerdWallet on Facebook:   / nerdwallet   NerdWallet Website: https://nerdwallet.com HELOC Worth It? The Pros and Cons | NerdWallet    / nerdwallet