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Meaning / Definition of

Net Jumping

Categories: Loan and Mortgage, Credit and Debt, Real Estate,

Using a broker's time and expertise to become informed and creditworthy, then jumping to the internet to get the loan. See How About Borrowers' Tricks?

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Definition / Meaning of

Home Equity

Categories: Credit and Debt, Real Estate, Legal, ,

The current market value of a house minus how much is owed on it. A home equity loan borrows against this amount.

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