HELOC loans and reverse mortgage have become financial options that most homeowners are in need of in order to borrow against their home. If used in the appropriate way, HELOC loans are among the most flexible financial options available to the homeowner. However, using reverse mortgage or home equity with insufficient knowledge can turn out to be disastrous. Every homeowner needs to know the information about reverse mortgage or HELOC before they can ever pledge their homes to financial institutes. The website sagetips.com is completely dedicated foe providing the right kind of tips, advice and information to homeowners about HELOC and reverse mortgage. Every kind of information like the basic difference between a HELOC and conventional home equity loan where the borrower is not advanced the entire sum up front, but uses a line of credit to borrow sums that total no more than the credit limit, similar to a credit card. HELOC funds can be borrowed during the draw period which is typically 5 to 25 years. All such basic reverse mortgage information can be obtained from the website. The best part is that they provide complete information about HELOC and reverse mortgages. They provide tips, the latest news, the best deals, ideas, terms, FAQs, rates, comparison calculators and so many other helpful tools to make the homeowner completely aware of their options.