Tip - Why can’t I get any more money from my HELOC?

Published  | Submitted by Thomas Fiedler
Why can’t I get any more money from my HELOC?

Many lenders reserve the right to reduce the amount you can borrow from your HELOC or to suspend your ability to borrow any more money from it if:The value of your home goes down significantlyThe lender reasonably believes you may no longer be able to make your payments based on a material change in your financial circumstancesYou default on a material provision of your agreement (for example, by moving out of the hous

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Posted: 9 years, 5 month(s) ago

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