What is the name of this type of loan?

2011-07-26 9:50 am
Using my fully paid off house as a security to take a loan?
更新1:

I almost thought it's call a home equity loan, what's the difference?

回答 (1)

2011-07-26 9:52 am
✔ 最佳答案
It is a mortgage but the classification will be based on what you plan to do with the funds.
參考: Former Loan Documentation Specialist


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