Home Equity Loan (Illustration)
Sitting atop a smattering of copper pennies, this attractive, white house with a gray roof and red shutters has financial equity that can be tapped by its owners.
- Reverse Mortgages
A reverse mortgage is a special home loan that converts home equity into cash. Learn about when this type of mortgage is appropriate on this informative website.
- Home Equity Loans
A second mortgage, in the form of a home equity loan or home equity line of credit, may enable you to use your real estate equity for various purposes, including home improvement, college tuition, and debt consolidation.
- 2nd Mortgages
With today's economy, many people have taken out or are currently contemplating taking out a second mortgage. Visitors can learn the differences between a home equity loan and a home equity line of credit.
House and Dollar Sign (Illustration)
This shiny gold dollar sign leaning on a house is a visual illustration of the fact that consumers have most of their money stored in the value of their homes. A second mortgage is a way to access that equity.
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