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Note that both types of loans must be repaid in full if the

Question - There are two types of home-equity loans - fixed-rate loans and lines of credit, with terms ranging from 5 to 15 years. Note that both types of loans must be repaid in full if the home on which they are borrowed is sold.

How does home equity loan benefit the lender?

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Accounting Basics: Note that both types of loans must be repaid in full if the

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