Alt text: "Infographic titled 'Why a HELOC Might Be Smarter Than a Full Refinance' shows a house labeled 'Low-Rate First Mortgage' plus a HELOC document and cash, with an upward arrow, suggesting financial benefits."

When homeowners need extra cash, two common options come up: A full cash-out refinance (replacing your entire mortgage) A HELOC — Home Equity Line of Credit If your first mortgage already has a low rate, a HELOC can be the smarter move. Let’s break down why. What Is a HELOC? A HELOC works like a…

Read More