How do I close a HELOC?

If we let you know if it’s necessary to close and pay off your HELOC at closing, you can let your HELOC lender know and request a payoff quote. Lenders can take a few weeks to provide this, so initiate it as soon as you can to avoid delays in closing. The title company will handle the payoff and paperwork at closing. You'll sign a form at closing to authorize them to pay off and close the account, and agree that it won’t be drawn again.