Fraud Alert: If you receive a CP53E notice from the IRS, please go directly to irs.gov/account rather than using the QR code printed on the notice. QR codes can be easily created and used by fraudsters. For your security, we recommend typing irs.gov/account directly into your browser. Once there, you can sign in to your account or create an ID.me account and follow the instructions provided by the IRS. If you have questions or concerns about the notice, please contact the IRS directly.

How are home equity loans now different from those in the past?

  • Home rates, in general, are lower, which is a benefit, but home values have also declined, so you may be limited in how much money you can borrow.

What factors should be considered when thinking about a home equity loan?

  • Impact on Retirement Planning
  • Impact on Home Value
  • Quality of Investment
  • Necessity of Investment
  • Credit or Loan Alternatives

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