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Which of the following statements is true concerning home equity loans? Home equity loans cannot be used to pay for college costs. Home equity loan
Which of the following statements is true concerning home equity loans?
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| Home equity loans cannot be used to pay for college costs. |
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| Home equity loan proceeds are generally restricted as to purpose. |
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| Home equity loans are generally installment loans with a 1-5 year term. |
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| Home equity loan interest is tax-deductible up to a maximum of $100,000. |
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
