If you have had your credit lines cut you are probably or possibly totally in shock.
Keep in mind one thing, you paid for the right to use your money. So you can fight for that right. If you fall into the above situation. Contact your bank. Ask for an approved appraiser that the bank will accept to show them that the equity still exists in your home to support your HELOC.
Finally, if that does not work, there are banks out in the market who will ‘Re-Fi' your home. Call your mortgage broker today!
Comments(3)