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Investments glossary

Home Equity Loan

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Business strategies can interestingly be assimilated with medicinal drugs. There are no better or worse strategies. There are only adequately adopted business strategies or inappropriately selected and implemented strategies.

— Abderrahman Hassi

A home equity loan, also known as an “equity loan,” a home equity installment loan, or a second mortgage, is a type of consumer debt. It allows homeowners to borrow against the equity in their residence. The loan amount is based on the difference between the home’s current market value and the homeowner’s mortgage balance due.


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