Home Equity Loan: What It Is and How to Use It

First of all, a home equity loan should not be confused with a home equity line of credit. With a home equity loan, you will receive a lump sum amount of cash that you can use for anything you want.
First of all, a home equity loan should not be confused with a home equity line of credit. With a home equity loan, you will receive a lump sum amount of cash that you can use for anything you want.