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125% Home Equity Loans

Monday, November 17th, 2008 @ 7:52 am | Mortgage

125% Home Equity Loans
Author Levetta Rivera explains: A 125% home equity loan is a second mortgage loan program that allows you to borrow money even if you have no equity in your home. For those that don’t already know, equity is the difference between the value of your home and the outstanding amount that you owe on the mortgage.

 

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