Home equity line of credit
Купить книгу по требованию автора Jesse Russell, Ronald Cohn - «Home equity line of credit» за 1 381,25 в интернет-магазине книг «МОСКВА». Доставка по всей России!
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издательство:
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VSD
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год издания:
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2012
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язык текста:
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Английский
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страниц:
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164
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код товара:
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1792545
Аннотация к книге "Home equity line of credit" Jesse Russell, Ronald Cohn:High Quality Content by WIKIPEDIA articles! A home equity line of credit (often called HELOC and pronounced HEE-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's equity in his/her house. Because a home often is a consumer's most valuable asset, many homeowners use home equity credit lines only for major items, such as education, home improvements, or medical bills, and choose not to use them for day-to-day expenses. HELOC abuse is often cited as one cause of the subprime mortgage crisis.
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