Home Equity Line of Credit Or A Home Equity Loan: Which Is Right For You?
posted July 23, 2008 - 1:01amIf you're a homeowner, you can borrow against the value of your house through either a home equity line of credit (often called a HELOC or a line) or a home equity loan (often called a HEL or loan). Both are essentially a second mortgage.
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Website: http://realestate.yahoo.com/loans/home-equity/your...
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