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Which type of loan is similar to a credit card, where the lender sets the maximum amount that you can borrow based on your equity in the home? A. Equity B. A second mortgage O c. An amortization D. An
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12 votes
Which type of loan is similar to a credit card, where the lender sets the

maximum amount that you can borrow based on your equity in the home?
A. Equity
B. A second mortgage
O c. An amortization
D. An equity line of credit

User Posey
by
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2 Answers

11 votes

Answer:

A second mortgage

User Tom Coleman
by
7.2k points
9 votes

Answer: B

Explanation:

User Louie Miranda
by
6.8k points
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