The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

home equity lines of credit

New tax bill 2018- why people should refinance their equity lines and second mortgages

By Scott Sheldon / January 16, 2018

The new 2017 tax plan is spelling unwelcome news for mortgage borrowers who hold home equity lines of credit. Here is what to know if you have a home equity line of credit or a second mortgage on your home… What are home equity lines of credit? Home equity lines of credit are essentially enormous…

Read More