Some homeowners turn to the equity they have built up in their home as leverage for other purposes. Some of the common ways homeowners leverage their equity funds is by obtaining a home equity loan. A home equity loan allows homeowners to pull out the equity they have built in the home, which is the difference between the current value of the home and the balance of their existing mortgage.
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Thursday, November 12, 2009
How to Leverage Real Estate Equity
Posted by Kristie Lorette at 8:29 AM
Labels: how to leverage real estate equity, how to use real estate equity
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