Money Home equity line of credit and home equity loans: ‘Right tool at the right time’ November 10, 2022November 11, 2022 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Home equity line of credit and home equity loans: ‘Right tool at the right time’ A HELOCÂ allows homeowners to borrow as much as 85% of the value of the home, and repay and redraw as needed.