HELOC stands for Home Equity Line Of Credit.  What is this type of loan, and where do you obtain this type of loan / debt on your home?  Tina Fountain defines the HELOC, and the details of a HELOC is really more like a line of credit, secured by your home.  Important to know about the HELOC, are the uses of this form of additional debt.  Link here for more information as a source of financing for that new kitchen.   http://www.realestatearticledirectory.com/articles/home-buying/article457.html