| Home equity is the current market value of a home minus any
outstanding liens or mortgage balances. For example, if your homes'
market value is $80,000 and you owe $20,000 on your mortgage,
then you have $60,000 equity in your home.
You can always refinance your home equity loan and get additional
cash. We suggest LowCostLending
   
for all your refinancing needs - you will get multiple offers
from multiple lenders and you can select the best.
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