How to Decide: Home Equity Loan or Line of Credit?

by Wade Barnes 14. September 2011
So, you’ve decided to add an addition, pay tuition expense, or have a cushion for life’s unexpected expenses. As your home is one of your greatest assets, many people decide to borrow against the equity in their home by obtaining a Home Equity Loan or a Home Equity Line of Credit. The tough decision is deciding which product will best suit your situation. When working through the decision of whether to obtain a Home Equity Loan or a Home Equity Line of Credit, there are 4 catego... [More]


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