Most banks offer HELOC lproducts - Home Equity Line Of Credit.

You need to have sufficient equity in your home to cover the LOC amount, for example if your home equity is $50,000, you can get a LOC of $50,000 and can withdraw the entire $50K for any purpose.

The interest on a HELOC is tax deductible, up to a loan amount of $100,000.


Why not just drop into your friendly neighborhood bank, and ask for details about the HELOC? Or google HELOC and see what comes up.