HELOC 101 How it Works











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Curious about how a Home Equity Line of Credit works? In this video, you'll learn what a HELOC is, how it works, and how to get one. Whether you're considering a HELOC or a home equity loan, this video will provide all the information you need to make a well-informed decision. • #homeequitylineofcredit #heloc #personalfinance • πŸ’° Fast close HELOC! | ➑️ Approval in as little as 5 minutes! ➑️ Funding in as few as 5 days! • ➑️ https://thefastheloc.com • It's very common as your home value increases, you might want to tap into your equity. But should you? Let's take a closer look at how a home equity line of credit works to see if it's right for you! • πŸ†“ FREEBIE πŸ†“ • πŸ“˜ Download the FREE Mortgage Application Tips πŸ‘‡ • ➑️ https://hometribeteam.mykajabi.com/mo... • πŸ” Get Connected with a TOP Real Estate Agent Near You πŸ” • ➑️ https://homeandmoney.com/andrew/ • ---- Or, if you're planning on buying or selling your home in the Las Vegas, NV region, let's • connect: https://calendly.com/andrewfinneyteam • Realtor Near Me Finder • πŸ’° Reach your financial goals with ScoreMaster, the average credit score increases by +61 points in 20 days* • ➑️ https://www.scoremaster.com/andrewfinney • πŸ‘‹ Join the Home Tribe Team! 🏑 • ➑️ https://www.hometribeteam.com/ • #HomeTribeTeam • ➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜ • βœ… Subscribe Tap the πŸ”” icon to get Notified:    / andrewfinneyteamlasvegas   • βœ… Watch Next ➜➜➜ •    • Real Estate - The Untold Stories! Sea...   • πŸš€ My mission is to help you take the guesswork out of real estate! On my channel, you'll find transparent content you can use to make well-informed decisions that are right for you for the reasons important to you! • πŸ“’ Show Notes πŸ“’ • What you'll learn: • 1. How a HELOC works how to use a HELOC! (HELOC = Home Equity Line of Credit) • 2. Are equity loans a good idea? | Plus more HELOC Information • 3. What are the disadvantages of a home equity line of credit? | How to get a HELOC • Timeline: • 0:00 - Intro • 0:58 - What you'll learn about a home equity line of credit in this video! • 1:21 - What is a Home Equity Line of Credit (HELOC)? • 2:44 - How a HELOC works! HELOC explained in an easy to understand way! • 4:06 - How does a HELOC affect your credit score? • 4:50 - Common reasons why people get a HELOC! • 6:50 - Common reasons NOT to get a HELOC and what are the disadvantages of a home equity line of credit! • 8:50 - How to get the best interest rate on your HELOC! • 9:16 - HELOC vs Home Equity Loan! • Thank you for watching! =) • Enjoy an amazing day! • -Your Trusted Real Estate Advisor, Andrew Finney • Contact info: • Andrew Finney • Realtor | Mortgage Broker | USMC Veteran • RE Lic #S.0173260 | NMLS #2595842 • Contact Me: https://www.andrewfinneyteam.com/cont... • America First Mortgage • GFC Group, LLC DBA America First Mortgage | NMLS# 2564858 • 7455 Arroyo Crossing Suite 220 Office 230, Las Vegas, Nevada 89113 • King Realty Group • 6955 N. Durango Dr. Suite 1004 • Las Vegas, NV 89149 • Designations- • Certified Residential Specialist (CRS) • Accredited Buyer's Representative (ABR) • Sellers Representative Specialist (SRS) • Certifications- • Military Relocation Professional (MRP) • Disclaimers/ Credits: • At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group (KRG) in Las Vegas, NV. Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG. The purpose of Andrew's videos is to educate you and help you make sense of the real estate process. I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services, you are advised to reach out to the appropriate professional for further counsel about your own unique situation. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health safety, electrical, financial advice, or any other and may be outdated or inaccurate; it is your responsibility to verify all information for yourself. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that is free from error. Linked items may create a financial benefit for Andrew Finney Team. Any use of other media is by fair-use or license only. • Awesome Music Courtesy of: • Song: Syn Cole - Feel Good [NCS Release] • Music provided by NoCopyRightSounds. • Video Link:    • Syn Cole - Feel Good | Future House |...   • Download this track for FREE: http://bit.ly/SynColeFeelGoodD

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