VIDEO: Are HELOCs the best option for large home projects?

Thinking about using a HELOC (Home Equity Line of Credit) to fund a big home project? Before you dive in, let’s break down the pros, cons, and alternative options to help you decide if it’s the right choice for you! 

In this video, we’ll cover: 

• What a HELOC is and how it works 
• The benefits of using a HELOC for home improvements 
• The risks and drawbacks to consider 
• Alternative financing options that might be a better fit

Thinking about home renovations? Drop a comment below and let me know how you’re planning to pay for it!

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.