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Home Equity Booklet (6392BFN)
Home Equity Booklet (6392BFN)
Revised HELOC BOOKLET (6392BFN)
 

Home Equity Booklet - What You Should Know About Home Equity Lines of Credit

(6392BFN)

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Overview:
The Home Equity Line of Credit (HELOC) booklet is an easy-to-read tool for consumers to learn about home equity loans. The HELOC booklet, also known as the Home Equity Line of Credit booklet and the When Your Home is on the Line booklet, is published by the Federal Reserve and must be provided to borrowers at the time of application.

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Product Code: 6392BFN

  
Description
 

Home Equity Booklet - What You Should Know About Home Equity Lines of Credit 6392BFN

Buy 100 Get Free Shipping
Home Equity Line Of Credit Booklet
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Home Equity Booklet

Overview:
The Home Equity Line of Credit (HELOC) booklet is an easy-to-read tool for consumers to learn about home equity loans. The HELOC booklet, also known as the Home Equity Line of Credit booklet and the When Your Home is on the Line booklet, is published by the Federal Reserve and must be provided to borrowers at the time of application.

Content:
The HELOC booklet includes information on:
  • What is a home equity line of credit?
  • What should you look for when shopping for a plan?
  • Costs of establishing and maintaining a home equity line
  • How will you repay your home equity plan?
  • Lines of credit vs. traditional second mortgage loans
  • What if the lender freezes or reduces your line of credit?
  • What if the lender freezes or reduces your line of credit?

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