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Key Takeaways
HELOC annual fees typically range from $50 to $250 and are charged to keep your credit line open, whether you use it or not.
Beyond annual fees, watch for inactivity fees, early closure penalties, and transaction fees that can...
Why this matters: Declining DFPI licensee numbers, and the fees they charge, means the remaining individuals need to pick up the slack — with their wallets. DFPI licensees conducting mortgage-related activity will need to earmark $15,000 in t...