Home equity refers to the value of someone's home minus any amount that is owed on it. It represents the part of the home that the owner genuinely owns and can potentially use as collateral for loans or sell to make a profit.
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«home»
«equity»
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Phrases with «home equity»
Sentences with «home equity»
- We suggest that you compare cash - out refinancing loans with home equity loans to determine which of the two will better solve your cash problems. (starloanservices.com)
- Also you can take an advantage of home equity line of credit or an equity loan. (personalmoneyservice.com)
- The best rate for home equity loans in the spring of 2018 was around 5.6 %, but that would be for someone with good credit. (debt.org)
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