Faqs | Home Equity and Line of Credit

Faqs | Home Equity and Line of Credit

What exactly is a true home Equity Loan?

A house equity loan uses a portion associated with the appraised worth of your primary residence, above your debts in your current mortgage, as safety for the loan.

What’s a house Equity credit line?

A house equity credit line is a kind of revolving credit for which your house serves as collateral for the loan. […]