{"id":9733,"date":"2026-07-01T12:00:00","date_gmt":"2026-07-01T19:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/?p=9733"},"modified":"2026-07-01T12:00:00","modified_gmt":"2026-07-01T19:00:00","slug":"helocs-and-home-equity-loans-explained","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/helocs-and-home-equity-loans-explained\/","title":{"rendered":"HELOCs and Home Equity Loans Explained"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/lisa-miller-2\/helocs-home-equity-loan\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Home equity loans deliver fixed-rate lump sums, while HELOCs work as variable-rate credit lines homeowners can draw from as needed over time.<br \/>\nA home equity loan may let homeowners borrow up to ~85% of value, then repay in monthly installments tied to property collateral.<br \/>\n$100K HELOCs fit medium projects; $250K options support larger investments; $500K lines suit substantial equity and significant financing goals with careful comparison.<br \/>\nRepayment terms range from 5 yr to 30 yr: shorter terms target quicker payoff, while longer terms offer lower monthly payments for affordability.<br \/>\nHELOC rates track bank funding more closely than first mortgages and may keep easing, depending on future policy committee decisions this year.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Home equity loans deliver fixed-rate lump sums, while HELOCs work as variable-rate credit lines homeowners can draw from as needed over time. A home equity loan may let homeowners borrow up to ~85% of value, then repay in monthly installments tied to property collateral. $100K HELOCs fit medium projects; $250K options support larger investments; $500K [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-9733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2wZ","jetpack-related-posts":[{"id":9943,"url":"https:\/\/lisamillerpllc.com\/staging\/us-mortgage-rates-hold-mid-6\/","url_meta":{"origin":9733,"position":0},"title":"US Mortgage Rates Hold Mid-6%","author":"admin","date":"September 2, 2026","format":false,"excerpt":"In Mid-Q3, the avg. 30-yr fixed rate sat near 7%, and an expert expected near-term borrowing costs to stay in the mid-6% range. 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