Home equity loans and home equity lines of credit (aka HELOCs) are two ways for homeowners to use their home equity as loan collateral, taking money …
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The Home Equity Line Scams Are Total Garbage
Home equity loans and home equity lines of credit (aka HELOCs) are two ways for homeowners to use their home equity as loan collateral, taking money out of their homes to pay for things like home improvements or starting up a business. This said, homeowners should be aware of the existence of mortgage fraud and home equity loan scams, which have been on the rise since the early 2000s.
Whether you're struggling financially in the wake of inflation or you're looking to make a large purchase, you might find yourself wondering if a …
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