--- title: WBTW Living Local - Home Equity Loans and HELOC for Home Renovation description: Carolina Trust wants to help turn your renovation dreams into reality. If you've been putting off renovation projects, check out our home equity loans and lines of credit and find out how you can use your home equity to build value and upgrade your living space at the same time. image: https://blog.carolinatrust.org/hubfs/03%20HELOC%20Segment.jpg --- [![Carolina Trust Credit Union](https://blog.carolinatrust.org/hs-fs/hubfs/CarolinaTrust_December2019%20Theme/Images/ctfcu-logo-white-v2.png?width=153&name=ctfcu-logo-white-v2.png "Carolina Trust Credit Union") ![Carolina Trust Credit Union](https://blog.carolinatrust.org/hubfs/CarolinaTrust_December2019%20Theme/Images/ctfcu-logo-white-v2.png "Carolina Trust Credit Union") ](https://www.carolinatrust.org/) Routing Number #253279510 [Book Appointment](https://booknow.appointment-plus.com/b986s4ey/) [Contact Us](https://www.carolinatrust.org/contact) [Login](https://carolinatrustfcu.financialhost.org/Login) [![Carolina Trust Credit Union](https://blog.carolinatrust.org/hubfs/CarolinaTrust_December2019%20Theme/Images/ctfcu-logo-white-v2.png "Carolina Trust Credit Union") ![Carolina Trust Credit Union](https://blog.carolinatrust.org/hubfs/CarolinaTrust_December2019%20Theme/Images/ctfcu-logo-white-v2.png "Carolina Trust Credit Union") ](https://www.carolinatrust.org/) Routing Number #253279510 [Book Appointment](https://booknow.appointment-plus.com/b986s4ey/) [Contact Us](https://www.carolinatrust.org/contact) [Login](https://carolinatrustfcu.financialhost.org/Login) × Close search Search Search Submit ## Carolina Trust FCU Blog ![03 HELOC Segment](https://blog.carolinatrust.org/hs-fs/hubfs/03%20HELOC%20Segment.jpg?width=854&height=475&name=03%20HELOC%20Segment.jpg) Pictured L to R: August Mize, Carolina Trust FCU Brand Ambassador; Rainee Romero, WBTW News 13 Living Local Show Host; Kelly Rowland, Carolina Trust FCU Mortgage Loan Officer # WBTW Living Local - Home Equity Loans and HELOC for Home Renovation Posted by [August](https://blog.carolinatrust.org/blog/author/august) on Jul 3, 2020 9:03:34 AM ![August](https://blog.carolinatrust.org/hubfs/CTMizeAugust-4013x.jpg) - [Tweet](https://twitter.com/share) As you may know, Carolina Trust has recently partnered with WBTW News 13's Living Local Carolina show for a Financial Friday segment. During one of our recent Financial Fridays, we had the opportunity to visit one of our members' beautiful home in Murrells Inlet, SC and talk about Home Equity Loans and Lines of Credit with our Mortgage Loan Officer, Kelly Rowland.  During this segment, Kelly explained the difference in a Home Equity Line of Credit, a Home Equity Loan, and the best time to use them. ## Home Equity Line of Credit A [Home Equity Line of Credit (HELOC) ](https://www.carolinatrust.org/loans/home-loans/home-equity-loans/)is a credit line that individuals can apply for using the equity in their home as collateral. HELOCs are a convenient way to consolidate debt, pay for an expensive home or car repair, pay for home improvements, and more. Once you get approved for your line of credit, you simply borrow what you need, when you need it.  ## Home Equity Loan Similar to a HELOC, a [Home Equity loan](https://www.carolinatrust.org/loans/home-loans/home-equity-loans/) allows you to use your home's equity to cover significant expenses that require a large sum of money at one time, such as home improvements, family vacations or unexpected expenses.  [![New call-to-action](https://no-cache.hubspot.com/cta/default/6502934/da0bb3af-1487-4453-ba80-d2b8f4b9d18e.png)](https://cta-redirect.hubspot.com/cta/redirect/6502934/da0bb3af-1487-4453-ba80-d2b8f4b9d18e) If you're like me, knowing that there are options to finally do those home renovation projects that I have been putting off, makes me want to get to work.  ## Picture This! Home Renovation Contest We want to thank all who participated and shared their home renovation projects and stories. The contest has now ended but don't forget to subscribe to receive emails about future promotions, contests and information.   Topics: [Home Equity](https://blog.carolinatrust.org/blog/tag/home-equity), [Home Improvement](https://blog.carolinatrust.org/blog/tag/home-improvement), [Home Loans](https://blog.carolinatrust.org/blog/tag/home-loans) ## Carolina Trust Federal Credit Union Blog  Welcome to the Carolina Trust Federal Credit Union Blog! 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