Thursday, 16 October 2014

Home Equity Loan InfoDoes a home equity loan place a lein on your home? or does the lender hold your deed until the debt is paid in full? ...

Question

Home Equity Loan Info

Does a home equity loan place a lein on your home? or does the lender hold your deed until the debt is paid in full?



Answer

Re: Home Equity Loan Info

The lender has a security interst in your home the same as the primary mortgage.



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