What happened to my home equity line of credit?

If your home equity line of credit was frozen or cancelled, contact us for a free consultation.

Banks have the right to terminate or freeze a borrowers home equity line of credit if the value of the property has suffered a significant decline.  But they are obligated to first do a proper analysis of the specific property before doing so.  Rather than go through this process, many banks simply freeze or cancel all of the home equity lines of credit in a particular area or zip code.  This is unfair and unlawful.  If your home equity has been frozen by your bank, let us know, and we will investigate for you.