Can I use a HELOC to purchase a second home?

Related resources

• 

  Home EquityWhat Is a First-Lien HELOC? Pros, Cons, and How It Works

  This type of HELOC is ideal for homeowners who have paid off their mortgages, offering a flexible way to tap into their home equity for various financial goals.

  

  Figure Technology Solutions, Inc. Editorial Team  article author

  April 10, 2025
• 

  Home EquityUsing a HELOC to Fund a Solar Panel Installation

  Discover the financial benefits of using a Home Equity Line of Credit (HELOC) to fund your solar installation. Learn how a Figure HELOC can save you money and contribute to a greener future.

  

  Debra Jack, Head of Comms  article author

  December 2, 2024
• 

  Home EquityHow to be smart with home equity

  Your home's equity is a valuable asset, and you can use it to fund high-cost goals. But it's critical to use the money wisely.

  

  Hannah Friedman, Sr. Content Manager  article author

  February 13, 2019