How Home Equity Loans Work

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When you buy a house, you might not have a lot of equity in it at first. Over time, you can build equity in it, though. Do you understand what equity is and how it works? If not, you should learn more about it, and you might also want to learn about home equity loans. As a homeowner, you might need to apply for one of these loans in the future, so it is helpful to learn what they are before you need one.…

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