💳 What Is a HELOC? | Home Equity Line of Credit Explained
Hey, it’s JJ Astorquia with Bluebird Home Loans! In this quick video, I break down the basics of a Home Equity Line of Credit (HELOC) and how it can be a powerful financial tool for homeowners.
🏡 👉 Here’s what you’ll learn:
What a HELOC is and how it works
How it’s similar to a credit card—but backed by your home’s equity
The structure: 10 years of interest-only payments, followed by principal + interest for the remaining 20 years
Common uses: Home improvements, debt consolidation, or even major expenses
Why a HELOC might be a smart move for you With its flexibility and revolving credit structure, a HELOC can give you the financial breathing room you need—when you need it most.
📞 Have questions or want to explore your options? Let’s chat!
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Bluebird Home Loans | NMLS # 2383522 ☎️ (877) 482-1874 🌐 www.bluebirdhl.com/ Bluebird Home Loans LLC is an Equal Opportunity Lender
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