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Equity loan?
Need cash..i am not sure if i get a home equity loan or refinance..i have a 5/2 arm with 4.37 apr. 2 years left before the rate is ad ed. the value of the house gone up to 60k. ca...
When you take out equity from a loan what happens to the value?
Example: a 100,000 loan that appreciates 5% to value of 105,000. how can you take out that appreciation? also, when you refinance at 105,000 and take out the appreciation (equity) ...
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