https://www.moneyahoy.com/understanding-the-different-types-of-loans/ Money Saving, Making Money, and Investment Ideas Sat, 24 Apr 2021 19:50:49 +0000 hourly 1 https://wordpress.org/?v=4.9.21 https://www.moneyahoy.com/understanding-the-different-types-of-loans/#comment-12057 Mon, 11 Jan 2016 22:13:28 +0000 http://www.moneyahoy.com/?p=3575#comment-12057 My house is paid off but I have an open Equity line of Credit open against it in the event I NEED to borrow money for something unforeseen or planned for beyond my emergency fund. It definitely fits into your Mortgage Loan definition other than I can take any amount small or large up to its limit.

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