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Tag Archives: purchase money 2nd loan

What is the difference between a HELOC and Purchase Money 2nd Loan?

Today we would like to help explain the difference between a HELOC and a purchase money 2nd loan as it related to bankruptcy. A HELOC or Home Equity Line of Credit, is a line of credit, similar to a credit card, that was given to you through the equity you have (or had in the Continue Reading

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