Author Topic: Biden took out $250K line of credit against Delaware beach home amid Hunter probe, classified docs s  (Read 117 times)

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February 3, 2023 2:00am EST
Biden took out $250K line of credit against Delaware beach home amid Hunter probe, classified docs scandal
Biden made the financial move in early December, filings show
By Joe Schoffstall | Fox News


FIRST ON FOX: President Biden secured a $250,000 line of credit against his Rehoboth Beach, Delaware, home as his son, Hunter Biden, faces an investigation into his tax affairs and amid his own classified documents scandal, records obtained by Fox News Digital shows.

Biden acquired the six-figure home equity variable rate line of credit from M&T Bank on Dec. 5, 2022, Sussex County filings show. Biden and his wife, first lady Jill Biden, initially purchased the residence in 2017 for $2.74 million, according to county records.

It is unclear why Biden quietly secured the line of credit, which allows him to borrow up to a quarter of a million dollars against his home's equity, and the White House did not respond to a Fox News Digital inquiry on the matter.

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https://www.foxnews.com/politics/biden-took-250k-line-credit-delaware-beach-home-amid-hunter-probe-classified-docs-scandal
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