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Home / Columnists / Kass / HELOC after foreclosure (access required)

HELOC after foreclosure (access required)

I lost my home to foreclosure in August 2011. I had a second mortgage on the home that was secured by a deed of trust for $99,000. This was a home equity line of credit that I used to pay off a pool loan, used for home improvements and later tapped each month to make the mortgage payment.

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