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Category: Home Equity Loans

Home Equity Line of Credit Tax Deduction

Home Equity Line of Credit (HELOC) is availed for meeting expenses that are of a recurring nature. This is because HELOC is a type of revolving credit that allows the...

Construction Loan Vs. Home Equity Loan

As mentioned above, the construction loan and the home equity loans, are both similar and also dissimilar with respect to several of their features and also their...

What You should Know About Home Equity Lines of Credit

The reason people usually do not favor a HELOC, (Home Equity Lines of Credit) is due to the fact that this loan has a slightly complex mechanism, which does not confirm...

Things You Need to Know about Home Equity Debt Consolidation

Understanding some terminologies in the field of loans and finance can be really difficult, especially, when it comes to debt consolidation loans or home equity. Hence,...

Home Equity Loan Vs. Line of Credit

A homeowner can use the built up home equity to avail a home equity loan or a home equity line of credit. The built up home equity, which is the difference between the...

Second Mortgage Vs. Home Equity Loan

A primary mortgage lender advances money to a borrower, who uses the funds to finance the purchase of a home. A mortgage is a secured loan, since the home acts as a...

Pros and Cons of Home Equity Loans

Home equity loans are borrowed to serve many purposes. Businessmen use the borrowed money to expand their businesses. Parents may opt for these loans to finance their...

Home Equity Loan Tips

Buying a home is a huge investment that is generally financed by a first mortgage. The need for a second mortgage generally arises when one is forced to spend on repairs...

Home Equity Loan Tips and Advice

So college is done and a new job is on the horizon, but there are student loans to pay off and your home needs a major overhaul. The wedding put a major dent in your...