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If you’d like cash to cover bills or make house improvements, and think the solution is in refinancing, a moment mortgage, or a property equity loan, consider carefully your choices very carefully. You could lose your home as well as the equity you’ve built up if you can’t make the payments.
Speak to a legal professional, economic advisor, or somebody else you trust before you make any decisions about borrowing cash making use of your house as collateral.
- Early Indicators
- Protecting Your Property and Equity
- High-Rate, High-Fee Loans
- Higher-Priced Loans
Early Warning Signs
DonвЂ™t let anybody talk you into utilizing your house as collateral to borrow funds you may never be in a position to pay off. Continue Reading