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1.Many banks offer lines of credit that are secured by a second mortgage (or lien) on real property.These loans are typically very popular among bank

1.Many banks offer lines of credit that are secured by a second mortgage (or lien) on real property.These loans are typically very popular among bank customers.

  1. What does it mean to have a lien on your home?

  1. Why are homeowners so willing to pledge their homes as security for these lines of credit?

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