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One is a loan and the other is a line of credit. If that still doesn’t clear it up … think like a car loan, you borrow all the money up front and pay it back in set installments. The line of credit works more like a credit card. There is no balance until you use it for something. Then you can pay it off and not have a balance and use it again when you need it.
Heloc is credit card. You draw as much as you want and pay it back. Home equity loan is a lump sum amount like other loans.i.e car loan or mortgage. Both use the house as collateral.
https://www.equifax.com/personal/education/loans/articles/-/learn/home-equity-loans-vs-home-equity-lines-of-credit/