Samara is a female given name. It is of Hebrew and Arabic origin, and its meaning is guardian or protected by God. The section History and Origin of this page contains content from the copyrighted Wikipedia article Samara (given name); that content is used under the GNU Free Documentation License (GFDL).
A home equity loan is basically a second mortgage on the home you are already purchasing. If you already own the home free and clear it will be your only mortgage but will still be considered a home equity loan. Equity means the portion of the home that you own that is not mortgaged.ome banks may allow you to redo the entire equity loan and add to it, providing you have paid down enough, and the loan doesn't exceed the equity you own in the home. The second type of home equity loan is a revolving line of credit. This one works just like a credit card.
A home equity loan is secured by the home itself. This means that if you should for some reason default on the payments that the lender can foreclose on your home. This requires that you take careful thought about the matter of a home equity loan and do not get one if you are not sure you can make the payments.his will give you the amount of the total equity you have in the house. Once you have the total amount of equity, you want to remember that you do not want to have a loan value of more than 80% of the value of your home.