Can you lose your home with a home equity loan?
You could lose your home if you fail to repay your loan, but there are steps to take that can avoid that scenario.
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Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Previously, he worked as a senior editor for FoxNews.com and FoxBusiness.com. A former sports reporter, Matt covered professional boxing in New York City for 18 years. He is the former Vice President and Secretary for the Boxing Writers Association of America (BWAA) and is an elector for the International Boxing Hall of Fame. He has a master's degree in journalism from Columbia University.
You could lose your home if you fail to repay your loan, but there are steps to take that can avoid that scenario.
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