A home equity line of credit (often called HELOC and pronounced HEE-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period, where the collateral is the borrower's equity in his/her house. HELOC abuse helped cause the so-called subprime mortgage crisis.
| Property | Value |
|---|
| dbpprop:abstract
|
- A home equity line of credit (often called HELOC and pronounced HEE-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period, where the collateral is the borrower's equity in his/her house. HELOC abuse helped cause the so-called subprime mortgage crisis.
|
| dbpprop:hasPhotoCollection
| |
| dbpprop:reference
| |
| rdfs:comment
|
- A home equity line of credit (often called HELOC and pronounced HEE-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period, where the collateral is the borrower's equity in his/her house. HELOC abuse helped cause the so-called subprime mortgage crisis.
|
| rdfs:label
| |
| owl:sameAs
| |
| skos:subject
| |
| foaf:page
| |
| is dbpprop:data
of | |
| is dbpprop:redirect
of | |
![[RDF Data]](/statics/sw-cube.png)
