IC Credit Union Offers New Home Equity Loan Rates
Over the course of the repayment of a mortgage, homeowners build equity in their home. This equity is the amount of principal that has been paid on the loan, and reflects how much of the home the homeowner has actually paid for. This equity can become quite large, especially if the homeowner has had the home for a very long time or they have made a large percentage of the total payments on the mortgage. At Iccreditunion, they understand that...
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