2 years ago

A home equity loan can be risky because the lender can foreclose if you don’t make your payments

Business

2 answers:

olganol [36]2 years ago

8 0

Answer:

FALSE

Explanation:

lender can forceclose on refinance of not.

Grace [21]2 years ago

5 0

Unless you're using it to buy a different home, you're reversing the equity-building process and increasing your debt. It's also important to remember that when you tap equity, your home is the collateral: the lender has the right to foreclose if you fall behind on your payments

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