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What do you need to qualify for a home equity loan? Here are the requirements.
personal finance :: 2025-12-22 :: source - yahoo finance
By Emily Guy Birken
If you’re a homeowner who has paid down a chunk of your mortgage or whose house has gained value, you might be able to take out a loan secured by your home equity. However, having equity in your home isn't the only requirement to qualify for a home equity loan. There are also rules about your credit score, debt levels, and more.
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