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	<title>Mortgage Explained &#187; equity mortgages</title>
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		<title>Home Equity Loans: A “Secure” Option</title>
		<link>http://mortgage-explained.com/mortgage-loans/home-equity-loans-a-%e2%80%9csecure%e2%80%9d-option/</link>
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		<pubDate>Fri, 15 Jan 2010 12:26:23 +0000</pubDate>
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				<category><![CDATA[Mortgage Loans]]></category>
		<category><![CDATA[equity mortgages]]></category>
		<category><![CDATA[HEL]]></category>
		<category><![CDATA[home equity]]></category>
		<category><![CDATA[Home Equity Loans]]></category>
		<category><![CDATA[mortgage]]></category>

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A home equity loan, as the name itself suggests, also known as HEL, is one in which the borrower uses the equity in his or her home as a collateral against the loan. These type of loans are usually second position liens and can be useful for paying for performing maintenance and major repair work [...]]]></description>
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