Understanding Home Equity in Texas

Your home may have equity, or accumulated value. You can compromise your home’s accumulated value as collateral to banks and credit organizations in return for a home equity loan or a home equity line of credit (HELOC). You can look this as like a credit card, except with a HELOC, your home is used as collateral. Ryan will explain how a home equity line of credit might be a way to fund a new business when other options are limited.. He will explain the rules and answer questions.