Home Equity – What’s the catch?

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Friends. I keep getting emails from my mortgage company offering a chance to pull from my 30k+ equity. How does that work? What happens if I try and cash it out?

In: Economics

8 Answers

Anonymous 0 Comments

In addition to what everyone else said: you will also have to pay to cancel the loans.  Source: I had to, when I canceled a long- unused loan on my house

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