According to the new tax plan Conference Agreement, home equity lines of credit may no longer be tax deductible. New plan suspends the deduction for interest on home equity indebtedness for tax years beginning after December 31, 2017; a taxpayer may not claim a deduction for interest on home equity indebtedness. This suspension remains in effect until 2025.
Do you have an existing home equity line of credit?
Are you looking for a home equity line of credit, need cash for home improvements or large purchases?
Are you making home improvements?
Are you looking to pay off debt?
How much are you looking to borrow?
How soon do you want to take cash out?
Have you used your home equity line of credit to get cash, pay off bills, or make any large purchases?
Have you used your home equity line of credit to make Home Improvements?
What is your current line of credit amount?
What is your current balance owed?
Do you currently deduct your interest on your itemized deductions?
Conditions and restrictions apply. Not all applicants will qualify. All products are not available in all states. Loan Programs are offered by Broker Solutions Inc. dba New American Funding.