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You Can Buy or Refi With a First-Lien HELOC – But Should You?

Text Callout : Key Takeaways - You Can Buy or Refi With a First-Lien HELOC – But Should You? The traditional home equity line of credit, or HELOC, is a line of credit tied to your home, and most ...
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First-lien vs. second-lien loan: What’s the difference?

In real estate, first-lien loans (primary mortgages) let you finance a home purchase, while second-lien loans (home equity loans or HELOCs) let you tap your home’s value for cash. The holder of the ...
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Should you use a HELOC to pay off your mortgage?

Using a HELOC to pay off your mortgage can be a strategic move, especially if you have a lot of equity in your home and a small outstanding mortgage balance. Opening a HELOC to pay off your home loan ...