Sometimes, the house of your dreams is the one you're already living in.
Home Equity Line of Credit (HELOC) is an excellent way to access equity in your home for a multitude of reasons. Because they are secured against your home, the interest rate on the funds being used is typically the lowest borrowing rate available. They come with different payment options i.e. interest only payments and when the line of credit is paid down, the funds can be re-borrowed without having to apply for them again. You only make payments based on the amount being used and can be paid down without penalty.