The Do's and Don'ts of Home Equity Loans

Posted from: https://www.zillow.com/blog/dos-donts-of-home-equity-loans-192836/

Home equity is a valued resource, and if you have it, you might be tempted to tap that wealth for other purposes. A home equity loan, which allows you to use your home’s equity as collateral, is a great way to do this. But depending on your personal situation, it may not be the right thing to do.

Here’s when a home equity loan┬ámakes sense – and when it doesn’t.

Posted from: https://www.zillow.com/blog/dos-donts-of-home-equity-loans-192836/

Home equity is a valued resource, and if you have it, you might be tempted to tap that wealth for other purposes. A home equity loan, which allows you to use your home’s equity as collateral, is a great way to do this. But depending on your personal situation, it may not be the right thing to do.

Here’s when a home equity loan┬ámakes sense – and when it doesn’t.

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