HELOC Home Equity Line of Credit

HELOC Home Equity Line of Credit

What to Do if Your Lender Cuts Off Your HELOC

By: Dona DeZube When a Lender Can Close Your Credit Line Although you may have paid hundreds of dollars in fees to open your home equity line, chances are the fine print says the bank doesn’t need your permission to freeze, reduce, or shut down your line if: The value of your home falls significantly. […]

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HELOC Home Equity Line of Credit What to Do if Your Lender Cuts Off Your HELOC By: Dona DeZube When a Lender Can Close Your Credit Line Although you may have paid hundreds of dollars in fees to open your home equity line, chances are the fine print says the bank doesn’t need your permission to freeze, reduce, or shut down your line if: The value of your home falls significantly. […]

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