+12 Home Equity Line Of Credit And Tax Reform Ideas. This means that once you're approved for a line of credit, you can use the funds. And, with it, you have the freedom and flexibility to use the funds as you need and.

Once you’ve been approved, you can access your fund at any time until you’ve hit the credit limit. By tapping into the equity you have built in your home,. This mortgage option allows you to use up to 80% of your home’s current value.