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ratetake's Articles in Home Equity Loan

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  • Does the IRS consider interest on a home equity line of credit deductible as a second mortgage?
    The home equity line of credit of an individual is considered to be deductible as a second mortgage for many people, but there are a number of considerations that need to be adhered to before the individual can actually deduct their interest on their taxes.
  • Low Mortgage Home Equity Rates
    Home equity loan is a type of loan in which the borrower uses the equity in their home as security. A home equity loan makes a legal claim against the borrower's house. There are two types of home equity loans, closed end home equity loan and open-end home equity loan.
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