Finance
A Kansas homeowner wants to tap their home's equity without selling. They could use a:
APurchase money mortgage
BCash-out refinance or HELOC to access their equity✓ Correct
CBridge loan to purchase another home
DReverse mortgage if they are over 62
Explanation
Homeowners can access equity through a cash-out refinance (new larger mortgage replacing the existing one) or a HELOC (revolving credit line secured by home equity) without selling the property.
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