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#111394 - 09/02/03 07:51 PM HELOC advances
Ellis Offline
Junior Member
Ellis
Joined: Feb 2003
Posts: 25
We have a HELOC that was made to both a husband and wife. One spouse has come to ask that we make no more advances on the HELOC. Can we discontinue advances on the loan without the consent of both? The note is not due for three years and is not at the maximum limit. Thank you for any help.

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Lending Compliance
#111395 - 09/02/03 08:26 PM Re: HELOC advances
upstateNY Offline
Platinum Poster
Joined: Apr 2003
Posts: 933
New York State
You need to read the fine print in your HELOC agreement. This should be covered.

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