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November 26, 2011 by Justin Weinger

What is A Home Equity Loan?

home-equity-loan

Home Equity Loan Explanation: A home equity loan is an additional (secondary) loan taken against the value of your home. In other words, home equity loans are secured consumer loans for which the collateral would be the borrowers’ equity in their homes. Now, what is home equity? Home equity is nothing but the difference between […]

Filed Under: Home Loans Tagged With: _loan, bad credit, home, home equity, home loan, home mortgage, loan, mortgage, poor credit

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