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A home equity loan is a second mortgage
on your home. Home equity loans are a very powerful
tax-deductible financial tool. Since home equity credit
is a type of mortgage, it shares lower interest rates
and the tax advantages of mortgages. You can borrow up
to $500,000 of your available home equity for virtually
any purpose, and, in most cases, 100% of the interest
paid each year is tax deductible.
A home equity loan is a serious move
because it is a second mortgage on your home. If you are
seeking to pay off credit card bills, car payments, or
college tuitions, you have good reasons to seek a home
equity loan.
- 100% LTV Programs
- No Closing Cost Lines
- Full & Stated Income Programs
- Interest Only Options
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