Question:

Can I get a Visa home equity line of credit (HELOC) account?

Answer:

Many home equity line of credit (HELOC) accounts are accessed with a Visa card, so yes, you could get a home equity line of credit (HELOC) account and use it as a Visa debit or credit card.

For a VISA HELOC account, run a search on the internet. Your local bank may also be offering a home equity VISA card to access your HELOC account.

This is a relatively new product. HELOC credit card may be called equity VISA or equity Mastercard, and since the workings of a HELOC so much resemble workings of a credit card, lenders began selling them in pairs.

Since HELOCs are now commonly used as first mortgages, and not only as seconds, maintaining a high financial discipline is even more crucial with a VISA home equity line of credit (HELOC) account, as it is so easy to use.

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Common misspellings: mortage and morgage