Mortgage vs. HELOC | Use a Mortgage and HELOC Together Efficiently
Ocean 6 Ocean 6
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 Published On Nov 8, 2023

Mortgages and home equity lines of credit (HELOC) are great financial tools that make owning a home easier, but what is the difference between the two?

In this video, we delve into what a mortgage and home equity line of credit (HELOC) offers and how business owner scan use them efficiently to save on interest and pay less tax.

Want to feel confident you're on the right path to growing your wealth? Ocean 6 focuses on innovative financial planning and coaching for business owners. We'll take care of every area of your finances and provide unbiased financial advice to help you accomplish your goals and dreams.

0:00 - 0:34 - Intro
0:34 - 01:14 - What is a mortgage
01:14 - 01:46 - What is a HELOC
01:46 - 03:21 - Benefits and risk of a HELOC
03:21 - 04:53 - Using a mortgage and HELOC together
04:53 - 06:39 - Optimizing your debt with a HELOC

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