A Home Equity Loan Is Based Only on the Amount

question 62

True/False

A home equity loan is based only on the amount you still owe on your mortgage.

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Definitions:

SIDS

Sudden Infant Death Syndrome, an unexplained death, usually during sleep, of a seemingly healthy baby less than a year old.

Soft Bedding

Materials used for sleeping that are plush and soft, which, in the context of infants, can pose risks of suffocation.

Socioeconomic Status

A categorization of individuals based on a combination of income, education, and occupation, influencing their lifestyle and opportunities.

Second-Hand Smoke

Smoke that is not directly inhaled from the burning end of a cigarette or cigar, but is inhaled passively by non-smokers in the vicinity.