Its no surprise that in response to the COVID-19 crisis, lenders like Wells Fargo and JP Morgan Chase have stopped Home Equity Line of Credit loan applications until the market conditions stabilize.  These changes have taken effect as of mid April and early May 2020. According to Amy Bonitatibus, Chief Marketing Officer for Chase Home Lending, this is as a result of the market uncertainty. Customers that already have HELOC’s in place will not be affected and those that choose to can still access their home equity thru a cash-our refinance ot their existing mortgage.  Read more: