A Previous Owner Took Out A $50,000 HELOC Without Telling Anyone. The Current Owner Found Out While Trying To Refinance

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When a homeowner bought their new home in December 2023, they thought the hard part was over. Weeks later, they learned that someone had opened a $50,000 home equity line of credit on their property, and it wasn't them. The Discovery Came During A Refinance The homeowner only found out about the fraudulent HELOC when trying to refinance. The title company flagged the lien during the process. “I was comple ...