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Benefits of Home Equity Line of Credit (HELOC)?

Home Equity Line of Credit, also known as HELOC offers up to 95% of credit against the house as a collateral. Check this post to know more about this loan type and how Drew Mortgage Associates can assist you for this loan program.

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Benefits of Home Equity Line of Credit (HELOC)?

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  1. Benefits of Home Equity Line of Credit (HELOC) Lower interest rates No pre-payment fees Lower processing fees Borrowers can qualify for relatively larger loans Borrowers get a tax benefit Qualification is easier 

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