A Home Equity Line of Credit (HELOC) is a line of credit against the equity (the portion of your home’s value that you own) in your home. As a homeowner, you can borrow against this equity to pay for repairs and improvements to your home, for consolidation of other debts, and for unforeseen expenses, such as medical bills. A HELOC is a flexible and economical way to finance household expenses. Contact an ISB home loan officer if you are interested in putting your home’s equity to work for you.