- This topic has 1 reply, 2 voices, and was last updated 2 years, 1 month ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
In the state of Kentucky, is there a law that specifies whether or not the home that you are using as collateral has to be your primary residence?
Thank you
I am not aware of a Kentucky law that requires a home equity line of credit (HELOC) to be secured by the consumer’s principal dwelling. However, if a HELOC is secured by a consumer’s principal dwelling various federal laws, such as Truth in Lending, impose additional requirements such as the right to rescind.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.