Home equity/second mortgage loans have two important advantages over most other loans. They are: O Tax...

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Home equity/second mortgage loans have two important advantages over most other loans. They are: O Tax deductibility of the interest and lower interest rates O Tax deductibility of the payments and longer terms O No risk for the borrower and less amortization Increase in future financing flexibility and no recourse clause Home equity/second mortgage loans have two important advantages over most other loans. They are: O Tax deductibility of the interest and lower interest rates O Tax deductibility of the payments and longer terms O No risk for the borrower and less amortization Increase in future financing flexibility and no recourse clause

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