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Is it necessary to specify HELOC as the assignment type?
Scenario: The client (a major lender) indicates the intended use to be "refinancing." Upon visiting the property, the keyholder shares that she is applying for a home equity line of credit. No further details. 1. On the 1004, what is the Assignment Type? 2. Is it recommended to seek more...- Train66
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- heloc liability loan
- Replies: 13
- Forum: General Appraisal Discussion