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Friday, March 17, 2006. A home equity loan. Is a secured loan that uses your equity in your home as collateral. Home equity loans. Can be obtained at competitive interest rates and with flexible repayment terms. Many lenders are even willing to extend home equity loans. To those with damaged credit; due to the fact these types of loans are less risky for the lender. While your local bank may offer home equity loans, in many cases it is wise to look elsewhere for a home equity loan.CONTENT
This web page loan-and-insurance.blogspot.com states the following, "Friday, March 17, 2006." We saw that the webpage said " Is a secured loan that uses your equity in your home as collateral." It also said " Can be obtained at competitive interest rates and with flexible repayment terms. Many lenders are even willing to extend home equity loans. To those with damaged credit; due to the fact these types of loans are less risky for the lender. While your local bank may offer home equity loans, in many cases it is wise to look elsewhere for a home equity loan."