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LTV

Are Home Equity Lines Extinct?

Last year, over 1 million homeowners got letters from their Home Equity Line of credit (HELOC) lender telling them that, for a variety of reasons, the HELOC was now ‘Frozen’ and no more draws would be permitted.  (I was one of those homeowners).  I haven’t heard of that happening much lately, but, that’s likely because [...]

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