|Home Equity Line of Credit||
A type of home equity loan that allows you to access money as a line of credit.
|Home Equity Loan||
A loan based on the mount of equity in your home.
|Homeowners Association (HOA)||
A group of homeowners within a defined community, or complex who make decisions about maintenance and repair of the land and common areas and enforce agreed-upon covenants, conditions, and restrictions (CC&Rs).
A form of insurance that protects your property against loss from theft, liability, and most common disasters.
A property-tax classification for owner-occupied homes that reduces the amount paid for property taxes.
A legal entity by which a group of people share ownership of one or more residential buildings. The shareholder-owners divide the mortgage, taxes, insurance, maintenance, and other expenses.