http://www.articlealley.com en-us editorial@articlealley.com A home equity loan is a mortgage placed on real estate in exchange for cash to the borrower. It is a one time loan on which the borrower is allowed to make monthly payments until it is paid in full. It is a loan secured by equity value in the borrower's h... http://www.articlealley.com/article_69687_19.html 04th July 2006