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  2. Is HELOC Interest Tax Deductible? - AOL

    www.aol.com/heloc-interest-tax-deductible...

    Is a line of credit interest tax-deductible? Interest paid on a home equity line of credit (HELOC) is tax-deductible if the funds are used to buy, build or substantially improve the home that ...

  3. Should you use a HELOC to pay off your mortgage? - AOL

    www.aol.com/finance/heloc-pay-off-mortgage...

    Chance for a lower rate: If your current mortgage has a higher interest rate and the HELOC has a lower rate, you can use the funds from the HELOC to pay off your mortgage sooner for less. This ...

  4. HELOCs and home equity loans are up. Why are more people ...

    www.aol.com/finance/helocs-home-equity-loans-why...

    There is one bright spot, though: If you use a HELOC or home equity loan for housing-related repairs or remodels, the interest can be tax-deductible. That can reduce the real cost of your ...

  5. Can I Use a HELOC to Pay off a Mortgage Faster ... - AOL

    www.aol.com/heloc-pay-off-mortgage-faster...

    3. You must have ample income. Just like with all creditors, the amount you earn is a factor in getting approved for a HELOC. You must show that you earn enough to cover your current debts plus ...

  6. Is HELOC Interest Tax Deductible? - AOL

    www.aol.com/finance/heloc-interest-tax...

    A home equity line of credit (HELOC) and a home equity loan both free up cash by accessing the equity you have in your home. In both cases, the interest charges may be tax-deductible. The HELOC is ...

  7. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

    www.aol.com/finance/home-equity-loan-heloc-vs...

    The most popular fall into two categories: home-secured loans, including a lump-sum home equity loan or a home equity line of credit (HELOC), and a type of mortgage called a cash-out refinance.

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