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		<title>HELOC or Home Equity Line of Credit</title>
		<link>http://www.mortgageadz.com/2008/08/heloc-or-home-equity-line-of-credit/</link>
		<comments>http://www.mortgageadz.com/2008/08/heloc-or-home-equity-line-of-credit/#comments</comments>
		<pubDate>Fri, 22 Aug 2008 14:44:02 +0000</pubDate>
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				<category><![CDATA[Types of Mortgages]]></category>
		<category><![CDATA[Amortization schedule]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[CNNMoney.com]]></category>
		<category><![CDATA[Collateral]]></category>
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		<category><![CDATA[HELOC]]></category>
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		<category><![CDATA[home equity line of credit]]></category>

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		<description><![CDATA[A home equity line of credit or HELOC as it is commonly referred to is simply what it says. It&#8217;s basically a line of credit similar to a credit card which allows you to use your home as collateral. This gives you a better interest rate on the loan than a credit card, but puts [...]]]></description>
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