Episode 63: I Can Do What With My Equity?!

Episode 63: I Can Do What With My Equity?!

From Wallet Wisdom by Lake Michigan Credit Union

May 28, 2026 · 21 min

About this episode

This episode explores the practical aspects of home equity and how homeowners can use a HELOC to achieve their financial goals.

In this episode of Wallet Wisdom, Brett sits down with LMCU’s home lending experts to break down what home equity really is, how Fed rate decisions impact borrowing, and how homeowners can strategically use a HELOC to support their financial goals. From home renovations and debt consolidation to understanding variable rates and long-term financial planning, this episode explores the practical side of home equity and why education matters before making big financial decisions. --- The information provided in this podcast by Lake Michigan Credit Union is general education or marketing in nature and is not intended to be accounting, legal, tax, investment, financial, or other advice. Statements of individuals are their own and not LMCU’s. All topics discussed are information of a general nature and do not address the circumstances of any particular individual or entity. Consult an appropriate professional concerning your specific situation. As of the date of publishing or any future date this podcast is broadcast, all rates, fees, payments, or other specific figures discussed are subject to change and are dependent upon your specific financial situation. All loan products discussed…

People in this episode

Host: Brett

Topics covered

  • home equity
  • HELOC
  • financial planning
  • Fed rate decisions
  • debt consolidation
  • home renovations

Keywords

  • home equity
  • HELOC
  • financial goals
  • Fed rate
  • debt consolidation
  • home renovations
  • variable rates

Mentioned in this episode

Organizations: Lake Michigan Credit Union

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