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Biden Gets $250,000 Loan Against Delaware Home Amid Hunter, Documents Probes - Reports

Muhammad Irfan Published February 03, 2023 | 07:30 PM

Biden Gets $250,000 Loan Against Delaware Home Amid Hunter, Documents Probes - Reports

US President Joe Biden has secured a $250,000 line of credit against his house in Rehoboth, Delaware, as his son Hunter faces a a long-running federal tax investigation and amid his own classified documents scandal, Fox News reported on Friday, citing Sussex County records

WASHINGTON (UrduPoint News / Sputnik - 03rd February, 2023) US President Joe Biden has secured a $250,000 line of credit against his house in Rehoboth, Delaware, as his son Hunter faces a a long-running federal tax investigation and amid his own classified documents scandal, Fox News reported on Friday, citing Sussex County records.

The records show that the contract with M&T bank was signed on December 5.

Biden and his wife bought the house in 2017 for $2.74 million.

It is unclear why Biden sought the line of credit. The White House did not respond to Fox's request for comment.

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