Use home equity lines of credit to moderate interest rate risk
As a variable rate lending product, home equity lines of credit (HELOCs)
can help moderate interest rate risk. And, the timing is right to use
them; media are already reporting they're making a comeback among consumers. Attend The
League's June 26 HELOC Seminar in Pewaukee to take full
advantage of this timely opportunity.
You'll learn the legal and compliance requirements for HELOCs in
The League's sample completed REAP HELOC forms will be used as a
guide from application to post-closing.
The policy issues and compliance rules presented will apply to any
HELOC program, so you may bring your own forms and disclosures to
compare and reconcile with the seminar's loan documentation checklist
Participants should have a background in basic real estate