I have reviewed some credit

来源: 红叶之 2022-11-17 07:40:25 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (359 bytes)
回答: That's not true. Financed Properties include HELOC.jenning2022-11-17 07:14:58

reports as a licensed loan officer. HELOC is not reported as a Mortgage Loan but as revolving credit. Although HELOC is a home equity line, it behaves more like a credit card. Only charge interest for the withdrawn portion. If withdraw a full significant amount (thus causing a huge shift in credit usage), it could hit hard on the credit score.

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