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whats up guys your agent tyler wavrung here and today were going to do a video about a unique type of heloc that ive been getting questions about lately called the hybrid heloc and to do that im going to walk you guys through the differences between a traditional heloc a home equity loan because thats truly what the hybrid heloc is a combination or a hybrid of so first im going to compare and contrast like i usually do between the home equity loan and the home equity line of credit or the heloc so guys as always im going to talk in generalities around most helocs every little bank and credit union has their own unique way of doing things but im talking about if you go out to these big banks these are the types of things you can expect so dont hold me to the rail or whatever you call it if something i tell you in this video is slightly off when you go out to call your bank but this video is really just to give you a generality or a general understanding of these different conce