Watch out for subprime loans.
The subprime is when a lender to give you one for an extremely high interest rate and tacks on excessive fees.
Beware of the shares of stains.
Equity extraction is when a loan is based solely on the value of your home, and do not reflect your ability to repay the loan. The current result of these loans, the borrower can not repay the lender and ultimately acquire the property and all shares.
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