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A dad makes a silly face at his toddler through a glass-screen front door
A HELOC and home equity loan are two types of second mortgages.

Roberto Westbrook/Getty Images

Tags
Personal Finance, Loans, Mortgages, home-equity-loan, HELOC, personal-finance-insider, pfi-reference, pfi-storytelling
Source
Second mortgage: What it is, how to get one, pros, and cons