Day: May 29, 2018

Know Before Taking Out a Home Equity Loan

What You Need to Know Before Taking Out a Home Equity Loan

Borrowing against home equity can be a convenient way to access cash, but it also carries risk, as millions of Americans learned in the housing crisis of 2008. If you’re considering it, CNBC tells you 4 things borrowers should know. 1. It’s getting (slightly) easier to qualify More than 10 percent of lenders eased their credit standards somewhat for HELOCs in the first

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