Question

 When can a bank freeze a home equity line of credit account?

Answer A home equity line of credit (HELOC) is based on the amount of equity you have in your home. Equity is determined by your home's value less the amount left on your mortgage.SignificanceIf your bank... Read More »
http://www.answerbag.com/q_view/1869789

Top Q&A For: When can a bank freeze a home equity line of cr...

What Can You Do If Your Home Equity Line of Credit is Canceled by Your Bank?

A home equity line of credit can give you a financial cushion in case of emergency or to make some major repairs in an older home. Lenders are tightening their rules about accessing a home equity l... Read More »
http://www.answerbag.com/q_view/1882682

What is the difference between a home equity loan&a home equity line of credit?

Home equity loans and home equity lines of credit are two ways to borrow against the value of your home. Though they both use your home as collateral, they differ in a number of ways.Accessing Fund... Read More »
http://www.answerbag.com/q_view/1883290

When should I lock the rate on a home equity line of credit?

A home equity line of credit (HELOC) is a lot like a home equity loan in that it is a loan against the equity of the borrower's home; it represents a lien against the property. Unlike a home loan, ... Read More »
http://www.answerbag.com/q_view/1809265

How much credit can you get with a chase home equity line of credit?

On One Hand: Borrow the Equity AvailableOnce you determine a home equity line of credit is the right loan, many borrowers tell the bank to allow for the line of credit to be set at the total equity... Read More »
http://www.answerbag.com/q_view/1978331


feedback
loading