Finance (alternative)
A Maryland home equity line of credit (HELOC) is secured by:
AThe borrower's personal guarantee only
BA second deed of trust or mortgage on the borrower's home✓ Correct
CThe borrower's investment accounts
DAn unsecured promissory note
Explanation
A HELOC is a revolving line of credit secured by a second deed of trust or second mortgage lien on the borrower's real property, using home equity as collateral.
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