My $.02 - I would never use my home to finance a depreciating asset like a car or trailer. If everything goes south the trailer gets repossessed and you have bad credit, credit can always be rebuilt over time. If you lose your house because you can't pay the home equity loan you have nothing in the end.
Also in the event one has to file for bankruptcy you turn the trailer over to the bank and move on with life. Much harder to deal with a defaulted mortgage or HELOC in bankruptcy.
Like I said, just my $.02, I've just seen it go bad both ways and seen the final outcome.
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2014 Surveyor SC321BHTS SOLD
2016 Nissan Titan XD SL4x4 Cummins SOLD
2007 Sierra Sport M26FSFB Toy Hauler
2002 Ford F250 7.3l 4x4
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