Home equity loans are a way of using the money that you've invested in your mortgage by borrowing against it. Essentially, a home equity loan is a 'second mortgage' - a loan secured by your property. If you don't make good on your payments, the lending company or bank can force the sale of your house to recover their money.
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NEXA Mortgage LLC | NMLS# - NMLS# 1660690 | 5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212
NEXA Lending LLC is an Equal Housing Lender and Equal Housing Opportunity
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