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Updated about 8 years ago,
HELOC
Hello,
I'm new to this and this might be a dumb question, but I've read a lot of people using HELOC for a 20% on a 2nd home. My question is if you use HELOC for 20% down payment, how do you pay for the rest of the home. You go to the bank for another loan? How does this work?
Thanks in advance