Heloc

What is Heloc?


1.

Home equity line of credit

revolving credit (like a credit card) that uses one's home for collateral

Bob went to XYZ Bank to refihis second mortgage into a HELOC so he could have continued access to the equity in his home.


22

Random Words:

1. Used to describe the area within the travelling distance of a scooter (Vespa) Vespa+vicinity=vespinity Wendy's is too far to walk..
1. A very angry e-mail reply, often loaded with profanity or implied profanity. Can be either personal or business-related. Not to be con..
1. n. Used to follow up a joke in order to accentuate it. Derrived from the use of the term by comedian Mike Birbiglia, who was playing o..