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A home equity loan is a loan based on the difference between what your current home value is and what you currently owe on your house. There are also mortgage companies that will loan a little over the equity you have in your home. They can usually do this safely because most homes appreciate in value over time. Carrie Reeder is the owner of http://www.abcloanguide.com>http://www.abcloanguide.com, an informational website about various types of loans. To view our list of recommended home equity lenders online, visit this page: http://www.abcloanguide.com/homeequityloan.shtml>http://www.abcloanguide.com/homeequityloan.shtml
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