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Also, just like a mortgage, up to $100,000 of the interest you pay on a home equity loan is tax deductible.

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If, however, any provision of this Agreement conflicts with any provision of a Disclosure Statement or Notice, then the conflicting provision of the Disclosure Statement or Notice shall prevail with respect to the corresponding service.

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Usually, income, employement and banking history, and residential information form the basis of the loan approval.