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Q. What is the difference in a property Equity Mortgage and you can a Domestic Equity Personal line of credit (HELOC)?

Q. What is the difference in a property Equity Mortgage and you can a Domestic Equity Personal line of credit (HELOC)? A. Both style of fund utilize the residence’s collateral, quite often, so you can document a second lien on your domestic given that guarantee to own the borrowed funds. The difference between both is […]