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  1. .com/personal/borrow/consumer-loans/home-equity-loans-lines-credit’ target=’_blank’>Apply for a Home Equity Loan or Line of Credit | Arvest Bank – lump sum. typically, home equity loans have a fixed interest rate, fixed term and fixed monthly payment.

    hud reverse mortgage foreclosure PDF Reverse Mortgage Servicing & Foreclosure: Emerging Issues – Until Aug. 2014, reverse mortgages only protected the borrower from foreclosure, even if there were a non-borrowing spouse. Lenders regularly remove a (younger) spouse from a deed when closing a HECM because: The younger spouse is not yet 62; Higher loan proceeds (and origination fees) if remove younger spouse.