How to Convert Your Equity into Cash

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Home equity lines of credit (HELOCs) are awesome instruments that allow you to unlock equity and convert it into cash. However the really awesome part about HELOCs is the tools that live inside of them. Today I'll discuss a few great ways HELOCs can be employed to your, the homeowner's, benefit. For one, the amount of interest you pay on it each month depends on how much you've used. That means you can make larger payments to reduce the amount of interest you're charged. To learn more about these awesome tools, watch my latest video.

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