Home Equity Line of Credit (HELOC)

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January 1, 1 7 min read Definitions
Equity Takeout
Equity Takeout Mortgage Refinancing Home Equity Loan Cash-Out Refinance Home Equity Line of Credit (HELOC) Reverse Mortgage Homeownership Real Estate Investment
Equity takeout refers to the process of refinancing a property mortgage primarily to raise cash. This results in an increase in the debt secured by the property while leveraging the equity built into the home.
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