Start Date: 7/8/2021 1:00 PM MDT
End Date: 7/8/2021 2:30 PM MDT
A home equity line of credit (HELOC) is a unique type of loan that is highly regulated. Every aspect of a HELOC has special rules. There are special disclosures included in the loan documents, special wording for advertisements, special limitations on when the lender may decrease or suspend a HELOC, and special timing requirements for disclosures that must be sent before maturity. In addition, the lender is prohibited from changing any term of a HELOC, except in very limited circumstances. This webinar will explain the top 10 HELOC compliance mistakes and how to protect against them.
Attendance certificate provided to self-report CE credits.