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2. What Is Collateral?

   www.aol.com/finance/collateral-000100993.html

   Real estate: A residential home, business property, or land can all be used as collateral for a loan. Vehicles: Cars, trucks, motorcycles, and boats can be used to secure a loan, particularly an ...

3. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   Like the first mortgage, the second mortgage uses your property as collateral. A home equity loan and a home equity line of credit (HELOC) are two common types of secondary mortgages.

4. Security interest - Wikipedia

   en.wikipedia.org/wiki/Security_interest

   In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral [1]) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. [2]

5. Can you get a HELOC on an investment property? - AOL

   www.aol.com/finance/heloc-investment-property...

   A home equity line of credit (HELOC) on an investment property is a loan taken out against a piece of real estate that generates income or a financial return. Lenders will consider both the ...

6. Secured loan - Wikipedia

   en.wikipedia.org/wiki/Secured_loan

   A mortgage loan is a secured loan in which the collateral is property, such as a home.; A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.

7. Collateral (finance) - Wikipedia

   en.wikipedia.org/wiki/Collateral_(finance)

   In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. [1] [2] The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending ...