Disclosure for HELOC Increase Request

Posted By: taknleavofmysenses

Disclosure for HELOC Increase Request - 07/09/08 05:02 PM

If the Bank has a request to increase a limit on a HELOC, should a new early HELOC application disclosure be given?

Thanks
Posted By: rlcarey

Re: Disclosure for HELOC Increase Request - 07/10/08 02:37 AM

This is purely an amendment to an existing contract if all that you are doing is raising the credit limit.