Borrowing against the Equity in your Home and the Comparison

 

Borrowing from an unscrupulous lender, especially one that offers a high-cost loan using the home as security, could result in the loss of the borrower's home. “Putting Your Home on the Loan Line is Risky Business” is a brochure prepared by the Office of the Comptroller of the Currency and the federal bank, thrift, and credit union regulatory agencies.  The publication warns that regardless of whether a home equity loan is for a home repair, or some other purpose, it is important to shop around.

Audience: 
General Audience, Bank Customers, Homeowners

Agency: Office of the Comptroller of the Currency


Agency:

Logo of the Office of the Comptroller of the Currency

Office of the Comptroller of the Currency

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Audience:

General Audience, Bank Customers, Homeowners

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