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2. Home equity loan vs. HELOC: Which is best for borrowing ... - AOL

   www.aol.com/finance/home-equity-loan-vs-heloc...

   A home equity loan is a type of loan that allows you to borrow against your equity without refinancing. With a home equity loan, you can typically borrow up to 80% of the home’s value, minus ...

3. How do secured loans work? - AOL

   www.aol.com/finance/secured-loans-020828573.html

   Types of secured loans. There are many types of secured loans. Five of the most common include: Mortgage: With a mortgage, you put your home or property up as collateral to buy that home.If you ...

4. Should you use a home equity loan to remodel or renovate your ...

   www.aol.com/finance/home-equity-loan-for...

   If your credit score is 740 or higher, you might qualify for the lowest personal loan rates that rival the best home equity products — coming in slightly higher than a secured loan — without ...

5. Secured loan - Wikipedia

   en.wikipedia.org/wiki/Secured_loan

   A mortgage loan is a secured loan in which the collateral is property, such as a home.; A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.

6. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   HELOCs are usually offered at attractive interest rates. This is because they are secured against a borrower’s home and thus seen as low-risk financial products. However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the ...

7. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   Home equity loans come in two types: closed end (traditionally just called a home-equity loan) and open end (a.k.a. a home equity line of credit (HELOC)). Both are usually referred to as second mortgages, because they are secured against the value of the property, just like a traditional mortgage. Home equity loans and lines of credit are ...