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Yes, home equity loans are installment loans secured by one's primary resicence and have terms between 5 to 15 years, the most typical of which is 10 years.

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โˆ™ 2010-10-25 22:53:20
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Q: Are home equity loans generally installment loans with a 5-15 year term?
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Related questions

What are some common forms of credit?

Five common forms of credit are credit card loans, auto loans, mortgage loans, installment loans, and home-equity loans.

What are the benefits of equity home loan refinancing vs other options?

Home equity loans are generally more favorable in the face of interest rates and terms. Home equity loans are also generally cheaper compared to other options.

What are the generally agreed upon home equity loans pros and cons?

The generally agreed upon home equity loans pros and cons are those that help you find home that are great for the person. It is a great place to find those homes.

Where can mobile home equity loans be found?

You can apply for mobile home equity loans online at the website, MountainSideFinancial. They are the nations current leader for mobile home equity loans.

Does everyone need equity loans for their home?

Everyone does not need equity loans for their home. Equity loans are only needed if the home-owner does not have sufficient funds to continue paying for the home in question.

Where could one find info on home equity loans in Columbia?

Information on home equity loans in Columbia can be obtained from many Colombian financial websites that offer home equity loans. One example of a site that offers home equity loans in the Columbia Bank.

What type of loans does Capiatl One provide?

Capital One is a large bank that offers many types of loans. From mortgages to car loans to home equity loans, they have every type of installment, fixed rate, and variable loan you could need.

What is the function of the company No Equity Loans?

No Equity Loans company offers home loans nationwide with no equity required. They provide loans up to $200,000 with adjustable and fixed rates with up to 125% of the home's value.

Where is a good place to be able to get information about comparing home equity loans?

The best place to find information on home equity loans would be at a local financial institution, such as the bank. They generally have the latest information available, such as rates.

Is a home equity loan considered a long term debt?

Yes. Home equity loans are generally ten-year loans. Any loan lasting longer than one year is considered a long-term debt.

Where can one find home equity loans at fixed rate?

There are many places where one can find home equity loans at fixed rate. On the websites "bankrate" or "zillow" one can find home equity loans at fixed rate.

What banks offer the lowest rate home equity loans?

There are two banks that offer the lowest rate home equity loans. These two banks that offer low rate home equity loans are RBC and The Bank of America.

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