You can borrow, repay, and reborrow from a home equity loan in the same way as you can from a home equity credit line.

Name: You can borrow, repay, and reborrow from a home equity loan in the same way as you can from a home equity credit line.
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A home equity loan provides a lump sum that you repay in fixed installments, whereas a home equity line of credit (HELOC) allows you to borrow, repay, and reborrow up to a certain limit, similar to a credit card.

You Can Borrow, Repay, and Reborrow from a Home Equity