Stephanie Colestock

Stephanie Colestock

Stephanie is a DC-based freelance writer, specializing in a range of personal and household finance topics. She has an undergraduate degree from Baylor University and is currently a candidate for CFP certification. You can find her work on sites such as MSN, Yahoo! Finance, Fox Business, Investopedia, Credit Karma, and much more.

Articles by Stephanie Colestock:

05
Dec
TD Bank Home Equity Review

TD Bank offers HELOCs and home equity loans of $500,000 and up on primary or secondary properties in 15 states and the District of Columbia.

Posted in: Home Equity,
05
Dec
Third Federal Home Equity Review

Third Federal offers two home equity-based borrowing options for homeowners looking to take up to $200,000 in equity out of their homes.

Posted in: Home Equity,
05
Dec
Can You Have a Home Equity Loan and a Home Equity Line of Credit?

HELOCs and home equity loans are similar but not identical. Homeowners can have both at the same time, as long as they meet equity and credit requirements.

Posted in: Home Equity,
05
Dec
Can You Repay a HELOC During the Draw Period?

The first phase of your HELOC is the draw period, during which you can borrow against your limit. Paying down your HELOC during the draw can result in fees.

Posted in: Home Equity,
05
Dec
How to Convert a HELOC to a Fixed-Rate Loan

Many HELOCs have variable interest rates that can change over time. Rather than deal with unpredictability, you can convert it into a fixed-rate loan.

Posted in: Home Equity,
29
Nov
Can You Lock in a HELOC Rate?

Though HELOCs typically have variable interest rates, there are also ways to lock in a fixed rate, which can save money and allow for predictable payments.

Posted in: Home Equity,
28
Nov
Can I Use a HELOC to Pay Off My Mortgage?

Tapping into home equity with a HELOC can help you pay off debt or cover big purchases, but you can also use that money to pay off your mortgage. Here’s how.

Posted in: Home Equity,
28
Nov
U.S. Bank Home Equity Review

U.S. Bank offers both home equity loans and lines of credit to eligible homeowners in 28 states, for up to $1 million against your property.

Posted in: Home Equity,
28
Nov
Can I Refinance My HELOC With Another Bank?

Refinancing a HELOC can help you cut costs or avoid hefty monthly payments. You have several options to refinance this type of debt.

Posted in: Home Equity,
18
Nov
Wells Fargo Home Equity Review

Wells Fargo paused new home equity lines of credit in May 2020. Here are other options for borrowers to tap into their home’s current value.

Posted in: Home Equity,