Latest blog posts about FAQs

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  FAQs Are there closing costs on a HELOC?

  Closing costs pay for all aspects of real estate transactions, including processing, taxes, and fees. The cost of closing on a Home Equity Line of Credit (or HELOC) varies between lenders and can include a range of fees and charges.

  

  Barron Ernst, Head of Product  article author

  July 10, 2023
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  FAQs What is a HELOC draw period?

  HELOC draw period refers to the time during which you can withdraw funds from your home equity line of credit. Understand exactly how it works in this guide.

  

  Nicole Beaulieu, CTO  article author

  May 31, 2023
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  FAQs What is a home equity line of credit (HELOC)?

  A home equity line of credit (or HELOC), is a loan that allows you to borrow against the equity in your home. Learn what a HELOC is and how it works with this complete guide.

  

  Hannah Friedman, Sr. Content Manager  article author

  May 24, 2023
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  FAQs Can I use a HELOC to pay for medical expenses?

  Medical expenses can be a financial burden, but a HELOC can help you pay for them. Learn more about using a HELOC to cover medical costs in this guide.

  

  Hannah Friedman, Sr. Content Manager  article author

  May 24, 2023
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  FAQs What happens if I can't make payments on a HELOC?

  Falling behind on HELOC payments can have serious consequences, including foreclosure. Learn what to do if you can't make payments on your HELOC.

  

  Barron Ernst, Head of Product  article author

  May 24, 2023
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  FAQs What is a HELOC repayment period?

  HELOC repayment is the period when you pay back the balance of your home equity line of credit. Learn what it is, how it works, and how to manage your payments effectively.

  

  Debra Jack, Contributor  article author

  May 24, 2023
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  Home Equity Will You Need to Pay Capital Gains Tax When You Sell Your Home?

  In most cases, the IRS exempts capital gains tax on money earned from a home sale up to $250,000 for single filers and $500,000 for married joint filers.

  

  Hannah Friedman, Sr. Content Manager  article author

  April 23, 2023