1st Lien vs 2nd Lien HELOC? What are the Differences?
When considering a Home Equity Line of Credit (HELOC), two types come to mind: a 1st lien HELOC and a 2nd lien HELOC. Both can offer financial leverage, but the difference between the two lies primarily in their placement in the financial hierarchy of your debt obligations. Here, we delve into these two kinds of […]
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