http://money-matter.com Get Out of Debt ...and Stay Away from Debt! Tue, 02 Feb 2010 07:30:36 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://money-matter.com/375/guiding-homeowners-home-equity-loan-refinancing/comment-page-1/#comment-88 Bea Tue, 02 Feb 2010 07:30:36 +0000 http://money-matter.com/375/guiding-homeowners-home-equity-loan-refinancing/#comment-88 Great and informative article. When you take out a home equity loan, or refinance your current home equity loan, you are borrowing against that equity you have built up in your home. This type of loan will give you a one time lump sum in the form of a check that you can do whatever you choose with. You will have to pay it with a monthly payment over a set amount of months, much like a mortgage. Great and informative article. When you take out a home equity loan, or refinance your current home equity loan, you are borrowing against that equity you have built up in your home. This type of loan will give you a one time lump sum in the form of a check that you can do whatever you choose with. You will have to pay it with a monthly payment over a set amount of months, much like a mortgage.

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