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A home equity loan is a type of second mortgage.Your first mortgage is the one you used to purchase the property, but you can place additional loans against the home as well if you’ve built up enough equity.Home equity loans allow you to borrow against your home’s value over the amount of any outstanding mortgages against the property.
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The average rate on a 30-year, fixed-rate home loan last week stood at 3.75%, down from 4.53% a year ago. * I understand and.
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12-04-2018: Arizona Project Awarded $12,000,000 Loan and $3,417,000 Grant for New Facility 10-29-2018 : 88-year old Navajo woman gets first indoor bathroom thanks to USDA grant 08-13-2018 : Rear Admiral Yancy Lindsey and USDA Arizona Rural Development State Director JC Sherman greet each other for the recent Veterans and Opioid Roundtable