Saturday, June 23rd 2018


What is a line of credit home loan?

Interesting Question?   (6)   (6)

Answers (1)

12th May 2010 by JonB

A line of credit home loan is an equity loan, usually in second or third position, that allows you to borrow against the equity on your house a little at a time, much like a credit card. You only pay interest on the amount of y our equity you choose to borrow against.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

24th Apr 2010 In Mortgage 1 Answers | 665 Views

Answer This Question / Give Your Opinion
What is a line of credit home loan?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
What is loan syndication?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is loan syndication?
Unanswered Questions in Mortgage
What is Mortgage Refinancing?
What is a Interest Only ARM Loan?
What is an Interest-Only mortgage?
what are closing costs when buying a home?
What is Mortgage Payment Protection?

Answered Questions in Mortgage
What is a 80/20 Mortgage?
What are subprime mortgages?
What is a Second Mortgage?
What is a low deposit mortgage?
What are morgage companies?
Ask A Question
Get opinions on what you want to know:
Specific to any country?