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Home Equity Loans
There are two types of home equity debt: home equity loans and home equity lines of credit, also known as HELOC. They are both commonly referred to as a second mortgage.
A home equity loan may be an excellent way to utilize the equity in your home for a variety of reasons. It may be utilized to finance:
- Debt Consolidation
- Medical Expenses
- Educational Expenses
- Home Improvements
If you’re interested in receiving more information about purchasing a new home, we invite you to get in touch with our trusted partners at CU Mortgage Direct, LLC.