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Home Equity Loan - The loan for the home

1001dollarstip.blogspot.com/2009/08/home-equity-... - Details

zehar: A Home loan means takes the loan against your property. A Home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance major home repairs, medical bills...

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zehar saved this page on 01/04/2010 04:53pm

A Home loan means takes the loan against your property. A Home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance major home repairs, medical bills or college education. A home equity loan creates a lien against the borrower's house, and reduces actual home equity.

Tags: Loan  Long  term  finance  home  equity 

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