Home Equity Loans or also known as secondary mortgage is one of the most popular home loan program that is currently available today. This is the fastest way in acquiring money in no time. The initial process works by allowing homeowners to borrow money base on the equity that they have inside their home. The interest on the home equity loan is tax deductible. this policy is the main reason why this program is so popular. It also has the characteristic properties of a secured loan. Because of the flexibility of Home Equity Loans many people are now attracted to this loaning program. [Read more…]