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Mortgage Professor about equity in your home: | ||||||||
Second Mortgage Versus 401K Loan
July 10, 2000 "I need $10,000 for a home improvement. I can either take out a home equity loan or I can borrow from my 401K retirement fund. Would the tax benefits on the home equity loan outweigh the advantage of ... more... Is Unused Home Equity a "Missed Fortune"? 18 July 2005 "I don?t understand why a Wharton professor would not recognize that unused home equity is a missed opportunity? Isn?t home equity safer in a conservative side fund than buried in the house earning a 0 percent return?" The New and Old Wisdoms of ... more... |
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equity in your home related definitions |
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Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... Second Mortgage, Home Equity Loan Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... |
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More about equity in your home
Simple Tips On Getting Your Loan Home Equity Loan Good Choice for Luxury Purchases? Getting a Home Improvement Loan: What Your Bank Needs What is a Secured Loan? Secured Loan Debt Consolidation Why Choose a Home Owner Loan? Unlock your Home Loan Piggy Bank Home Equity Loan Improvements 16.4% APR $5,000 Auto Loan...HELP! How To Pay Off Your Home Loan 10 Years Sooner Without Spending One Penny In Extra Payments
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