Some people use their home equity loans for luxury items like cars and vacations. (mortgagebrokerstore.com)
Our business has seen people use the home equity loan in reasonable ways like tuition fees payment, home renovations or tax payments. (mortgagebrokerstore.com)
If you own your home outright and are interested in using a home equity loan as a down payment for the second, you could have some more flexible options as well. (thesimpledollar.com)