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A home equity line of credit, or HELOC ( /ˈhiːˌlɒk/ HEE-lok ), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term ), where the collateral is the borrower's property (akin to a second mortgage ). Because a home often is a consumer's most valuable asset, many ...
A type of second mortgage, for which your home acts as collateral for a borrowed sum, home equity loans and HELOCs have been around for decades — blooming in the late 1980s, as real estate ...
A home equity loan is a type of loan in which the borrowers use the equity of their home as collateral. The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser from the lending institution. [citation needed] Home equity loans are often used to finance major expenses such as home ...
Headquarters. San Francisco, California, United States. Key people. Chief Executive Officer - Thomas Sponholtz Chief Financial Officer - Scott Case. Website. www .unison .com. Unison Home Ownership Investors (commonly known as Unison) is a home ownership investment company based in San Francisco, California .
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Anywhere Real Estate Inc., formerly Realogy (/ ˈ r iː l ə dʒ i /), is an American publicly owned real estate services company. It owns and franchises several real estate brands and brokerages, and offers consumer programs, lead generation, relocation, and title settlement services.: 5–6 History
Making estate plans can be incredibly complex and require extensive knowledge about the best way to keep and grow your assets, so an expert advisor can help you sort things out smartly.
Home equity protection. Home price protection is an agreement that pays the homeowner if a particular home price index declines in value over a period of time after the protection is purchased. The protection is for a new or existing homeowner that wishes to protect the value of their home from future market declines.