The average homeowner has hundreds of thousands of dollars worth of equity right now. And, that's good news considering the fact that home equity loans often have more competitive interest rates than other options. So, if you need to borrow money, and want a competitive interest rate, a home equity loan may be the way to go. But, there's a trade.
For example, say you have a high deductible health plan and you can't afford to cover your deductible out of pocket. If you need to undergo a procedure or pay for expensive medications, a $10,000 home equity loan could give you the funding you need to cover the cost of your medical needs. Get the funding you need with a $10,000 home equity loan today.
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