Can I use a home equity loan for any purpose?

Yes, you can use a home equity loan for various purposes. Whether you are planning to consolidate high-interest debts, finance a major home improvement project, cover education expenses, or even start a business, a home equity loan can be utilized for any legitimate purpose. By tapping into the equity built in your home, you can access funds through a lump sum or a line of credit. Citibank's home equity loans provide flexible borrowing options and competitive interest rates, enabling you to achieve your financial goals conveniently. However, it is important to note that using a home equity loan for investment purposes may have different terms and conditions. It is recommended to consult with a Citibank representative to understand the best home equity loan option for your specific needs.