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All you need to Know About Home Equity Line Heloc Mortgage Loans

Q&A: Should I Use My Home’s Equity to Pay Off a Loan with a High Interest Rate?

Q: I’ve heard of people using home equity to pay off debt and am wondering if that’s a safe strategy. I have a high-interest ...

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PMI vs. Piggyback Loan

Banks usually ask you to put down 20% of the mortgage loan amount as a down payment. You may be unable to afford it, or may simply prefer to...

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Line of Credit Or a Loan

If you are a homeowner in need of some instant cash, you may be looking into different financial options and one of them is borrowing agains...

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What is a Home Equity Loan?

A home equity loan is a loan using a borrower’s house as collateral. If you’re a homeowner who is thinking about making major im...

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What is a HELOC?

Anyone who is looking for a home, or currently owns one, should be familiar with the pros and cons of a home equity line of credit, commonly...

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HELOC Associated Risk

There are significant risks associated with home equity lines of credit, which are commonly referred to as HELOCs. Many people have been unp...

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HELOC APR vs. Standard Loan APR: Two Different Things

When comparing the Annual Percentage Rate (APR) of a Home Equity Line of Credit (HELOC) and a standard loan, it is important to remember tha...

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Common Mistakes When Applying for a HELOC

Many people make mistakes when applying for a home equity line of credit (HELOC). The good news is that, as with just about everything in li...

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