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Banking

Home Equity

The equity, or established ownership stake, in a residential real estate unit (home) that is typically used as a basis...

HELOC

An acronym for home-equity line of credit; a line of credit that is secured by a borrower's home equity. As...

Home Equity Line of Credit

A line of credit that is secured by a borrower's home equity. As a security, it gives a homeowner borrower...