Using the equity in your home to secure a loan is both cost-effective, and under most circumstances, offers tax deductible interest. (Consult a tax advisor regarding the deductibility of interest.) Home equity loans are available in both fixed and adjustable rates and can be used for a variety of purposes:
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Debt Consolidation
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College Tuition
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Auto Purchase
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Home Improvements
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Family Vacation
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Or just about any major purpose or expense.
