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ROR if Modifying HELOC & Increasing Credit Limit?

Answered by: 

Question: 
If we are modifying a HELOC and increasing the credit limit do we have ROR?
Answer: 

Yes. You are increasing the security interest in the consumer's primary dwelling.

First published on BankersOnline.com 10/8/12

First published on 10/08/2012

Filed under: 
Filed under security as: 

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