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What Can a Home Equity Loan Be Used For? As a homeowner, you can use home equity loans or second mortgages for almost anything you want. Since the money comes as a lump sum (unlike a home equity line of credit), many homeowners use them for large, one-time expenses, such as: home repairs, upgrades, or large remodel projects
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Use a home-buying checklist I tell my clients to create a home buying checklist of the features they want and need so I can help them determine what’s feasible within their budget. You can use a similar checklist before you go out looking at houses.
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