Just be careful; some home equity loans or lines of credit come with prepayment penalties if you pay off your debt within the first few years. (valuepenguin.com)
That produced a second windfall for the broker, and triggered thousands of dollars in prepayment penalties for leaving the original loan. (reuters.com)
The lender this article reviews, LoanDepot, doesn't charge prepayment penalties on their loans — so you can pay it off early without any fees. (finder.com)