First-lien HELOCs If your mortgage is still sizable, you might convert it to a first-lien HELOC. First-lien HELOCs blend the characteristics of a traditional mortgage and a home equity line of ...

When a home is sold, a HELOC must be paid off, along with any other debts secured by the property. Outstanding HELOC balances are typically settled during the closing, out of the sale proceeds.

A simple rule can prevent you from overdoing it with a home equity line of credit: Don't borrow a lot, and don't borrow for ...

Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.