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Can I payoff a Home Equity Loan or Line with another lender using a Direct Federal Home Equity Line?

April 26, 2017Federal home equity Lender line loan payoff

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Can I payoff a Home Equity Loan or Line with another lender using a Direct Federal Home Equity Line?

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Yes. If you have an existing second mortgage on your property, we will advance your new Direct Federal Home Equity Line to payoff and close your existing Loan or Line with another lender.