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from Thrifty DIY Diva

The difference between a home equity line of credit & a home equity loan (explained)!

The difference between a home equity line of credit & a home equity loan (explained) http://thriftydiydiva.com/the-difference-between-a-home-equity-line-of-credit-a-home-equity-loan-explained/ #homeowners #financetips

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Interested in borrowing against your home’s available equity to pay for other expenses? The good news is you have choices, but it can be tricky to weigh the options. This breaks down the key differences between a cash- out refinance and a home equity line of credit. Learn more about home equity and what works for your financial picture.

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Looking to make improvements to your property? Learn how to finance the project without tapping into your savings. To reach your goals, consider using the equity in your home. Start by checking your eligibility to see if a Home Equity Line of Credit is right for you.

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Selling, refinancing or applying for a home equity line of credit? Your home may need to be appraised. Here are ways to boost your appraisal value. Read on.

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from Real Estate News and Advice | Realtor.com®

5 Misconceptions About the Home Equity Line of Credit

A HELOC can be a powerful credit line for furthering your financial needs. But first, see if you're aware of these common HELOC misconceptions.

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