How long have you lived in your current home? Is it time to start considering home improvements? Perhaps, you’ve been putting off a kitchen upgrade or bathroom remodel? While your home is one of your most valuable assets, it’s important to ensure your house is well-maintained and will retain its value. Even better, with many home improvement projects, your home’s value may even increase in value. Additionally, knowing that you’ll have enough money to cover your home-improvement costs can make any update process easier. By taking advantage of a home equity line of credit (HELOC), you’ll have access to the funds you need, when you need them, for your home-improvement projects. Advantages of a HELOC A HELOC is a line of credit that gives you access to funds based on several factors including the following: Your home’s market value. The equity you’ve built up in your home. Your credit score. Any outstanding debts against the home. The limit that& ...