Categorized In: Finance & Economy
Source: Home Equity Loan Second Mortgage Line of Credit Rates Loan Mortgage Interest Rate HELOC | www.bankrate.com
Sep 06 2009, 10:19pm
Putting your house up against a bank in order to establish a line of credit. Cha!
A home equity line of credit amounts to an arrangement where a borrower's home acts as protection/collateral for a loan.