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Home Equity Loans vs. Refinancing — Which Is Better?

Home Equity Loans vs. Refinancing — Which Is Better?

The biggest benefit of owning a home over renting is the equity you earn from making consistent, on-time payments. Each mortgage payment you make contributes to your investment equity. Eventually, you can take advantage of the equity you’ve built in your home with a home equity loan or case-out refinance. Here, we’ll outline the similarities and differences between these two…

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