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Using Home Equity

Having a home to call your own comes with many perks. It can also be a source of funds when the value of your home increases and exceeds the outstanding mortgage. Using the equity in your home can often be a money saving option compared with higher-rate loans or credit cards. This module can help you make an informed choice. It covers:

  • What is home equity?
  • Second mortgages
  • Refinancing
  • Reverse mortgages
  • Factors to consider
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