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Updated almost 9 years ago on . Most recent reply

User Stats

34
Posts
3
Votes
Edward Ferrer
  • Brooklyn, NY
3
Votes |
34
Posts

Refinancing

Edward Ferrer
  • Brooklyn, NY
Posted

Hello, 

Need help with this current Scenario..

Conventional Loan @ 4.35% on a Single Family Home with a Balance of $295,000 & w/HELOC of $70,000. Property Value $520,000. Goal to take another HELOC for investments.

What do you recommend? 

What is the best Strategy for refinancing if at all a good idea?  

Would you recommend a Conventional to FHA?

Thanks.  

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