What Is The Acronym HECL?

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Will someone answer this question from a very new real estate investor?
Thanks confused

Comments(2)

  • Locutus921st February, 2004

    Home Equity Credit Line, also known as a HELOC, Home Equity Line of Credit

  • Jimbezy21st February, 2004

    Yea I beilve its refered to as HELOC most of the time.

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