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Learn the pros and cons of a home equity loan, the best time to get one, and much more. astarot / Shutterstock.com
Editor’s Note: This story originally appeared on NewRetirement. Home equity loans can be useful financial tools in retirement. However, these loans can be more difficult to secure after you have stopped working. Let’s explore the different kinds of home equity loans, how you might want to use them for retirement, and why you should secure the loan while you still have work income.