Is A home Equity Financing Best for you? HELOC versus Home Guarantee Loan One another HELOC and you may house equity money include tapping into this new security you really have built up into the property, although they work differently. A good HELOC operates much like a credit card, that have residents simply being able to access the funds they require. Having an excellent HELOC financing, notice is repaid into the number residents play with. Interest levels are adjustable otherwise repaired ac...