Many owners took out home equity lines of credit during the boom, but some reset soon and tack on principal payments. Read more. While the housing market is showing signs of picking up across the country, housing experts warn of a new concern for homeowners: resetting home equity lines of credit.Home equity lines of credit often require low payments in the initial years as homeowners only pay loan interest at the onset. But later on, these loans reset with higher payments when homeowners have to start paying down the (1 comments)