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What is a Home Equity Loan ??

A home equity loan is a type of financing that is based on the value of a property over and above the existing mortgage. The proceeds of a home equity loan are most often used to fund home improvements or to pay off other obligations.

More Real Estate Related Terms
- Redevelopment / Rehabilitation
- Relocation
- Relocation - International
- Relocation - Leisure / Recreation
- Relocation - Not Limited
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