The LowerMyBills Insider's Guide to Home Equity Loans

 

Home Equity

 

     

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  The LowerMyBills Insider's Guide to...

Home Equity Loans

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Glossary of Common Home Loan Terms
Home Equity Loan
A home loan secured by the equity in your property, often referred to as a second mortgage. There are two types:
1. A closed-end loan, also called a term loan, where the borrower receives the full loan amount all at once.
2. A Home Equity Line of Credit (HELOC), which allows homeowners to borrow any amount, at any time, up to a set limit.
 
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Want to continue to shop for fixed home equity loans and related consumer financial services? Start at the Debt Consolidation Loan Directory, where you can view provider directories for mortgages, consolidating debts, insurance and similar services.

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States home equity loan services are available in: AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA D.C. WV WI WY

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