[mac_truck]

It pains me to say this but a line of credit that has never been used and has a zero balance does not sound like something that needs to be reported. No liability to the bank has been created. Am I missing something?

If Warren wanted to take a loan out for another property the lender involved would consider her existing home equity line as a liability when calculating her debt to income ratio, even if she had a zero balance.

Other than that circumstance an unused equity line is like an unused credit card.

[Maine Mariner]

Good point!