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Home Equity Loans

Home Equity Loans and Lines of Credit

The most valuable financial asset you have is probably the equity you have built up in your home. The difference between the present market value of your home and the total of any outstanding mortgages and other liens is equity. This may be more than you ever thought you have available. You can use a home equity loan to pay off debts, make home improvements, pay college tuition, buy a car or many other items. These loans come in a variety of types:

  • Fixed-rate Home Equity Loan
  • Variable-Rate Home Equity Line of Credit