HELOC against Home Equity Mortgage: Whats the difference? Open the significance of your home owing to house equity money otherwise domestic equity lines of credit (HELOCs). Understand the variations and your options for borrowing. Writeup on HELOC and you may Household Security Loans HELOCs and you will house equity loans efforts in another way, however, both use the equity of your home since guarantee to help you secure finance to help with property repair, advanced schooling, a crisis expense, or