When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

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When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

A Home Equity Line of Credit (HELOC) is usually considered paid off when the HELOC is terminated/closed and the lien from the HELOC against the property is removed.

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When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

A Home Equity Line of Credit (HELOC) is usually considered paid off when the HELOC is terminated/closed and the lien from the HELOC against the property is removed.

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When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

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When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

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When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

When is a HELOC considered to be paid off? Is it paid off when the HELOC term ends or when intermediate loan balance pay off payments during the active term are made?

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