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Post by janetmukes on Sept 3, 2020 18:05:13 GMT -6
More home equity means the chance to borrow more money with a second mortgage in the form of a home equity loan or a home equity line of credit.
These loans provide money for funding home improvements, paying medical bills, funding a child’s education or buying consumer goods like a new car, boat or RV.
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Post by rebeccamckull on Jan 24, 2024 8:56:06 GMT -6
The interest paid on certain types of loans, such as mortgage interest, may be tax-deductible, providing potential tax benefits.
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