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Balloon & Home Equity Line of Credit Loans

Balloon & Home Equity Line of Credit Loans

Today I am going to discuss two very popular loan products that I come across that people have in today’s market.  These products are balloon loans and home equity line of credits, also known as a HELOC.  In past blogs I have discussed why these types of products are not always a good thing to have, but in this blog I will just discuss the aspects behind the product themselves.  Read the rest of this entry