Using Your Property as Collateral. If you fail to result in the payments, you can lose your house plus the equity you have developed.
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If you want cash to cover bills or make home improvements, and think the solution is within refinancing, an extra home loan, or a property equity loan, think about your choices very carefully.
Keep in touch with a legal professional, monetary consultant, or somebody else you trust before you make any choices about borrowing cash making use of your house as security.
- Early Warning Signs
- Protecting Your House and Equity
- High-Rate, High-Fee Loans
- Higher-Priced Loans
Early Warning Signs