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#1143072 - 03/10/09 08:07 PM HELOC application
transplant Offline
Junior Member
Joined: Sep 2007
Posts: 36
Haven't dealt with HELOCs in a while, but someone just told me that there is a new application that must be used for HELOC as opposed to using a 1003. Can anybody point out where this requirement is to me? I can't seem to find it.

Thanks in advance!

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Lending Compliance
#1143246 - 03/11/09 03:11 AM Re: HELOC application transplant
Ray_ Offline
Platinum Poster
Joined: Aug 2006
Posts: 879
Dallas, TX
Unless you report your HELOCs for HMDA, you shouldn't use an application that requests government monitoring info.

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