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  3. Home equity loan

Exam term

Home equity loan

A loan secured by a borrower's existing home, which can carry a Truth in Lending rescission right when the home is the principal dwelling.

Lessons that use this term

  • Types of mortgages and loans New York
  • Truth in Lending and Regulation Z Texas

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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  • Glossary

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