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#990991 - 07/09/08 05:02 PM Disclosure for HELOC Increase Request
taknleavofmysenses Offline
100 Club
Joined: Nov 2005
Posts: 183
USA
If the Bank has a request to increase a limit on a HELOC, should a new early HELOC application disclosure be given?

Thanks

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Lending Compliance
#991604 - 07/10/08 02:37 AM Re: Disclosure for HELOC Increase Request taknleavofmysenses
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
This is purely an amendment to an existing contract if all that you are doing is raising the credit limit.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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