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Updated almost 5 years ago,

Zach Weiland's profile image
Zach Weiland's profile image
Zach Weiland
  • from Chardon, OH
  • Member since Jan 21, 2020
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User Stats

18
Posts
15
Votes
Zach Weiland's profile image
Zach Weiland's profile image
Zach Weiland
  • from Chardon, OH
  • Member since Jan 21, 2020
Connect
Zach Weiland
  • Chardon, OH
15
Votes |
18
Posts
Mortgage Brokers & Lenders

Are There Limits On HELOCs?

Zach Weiland
  • Chardon, OH
Posted

Hey everybody, sorry if this is a stupid question but I was just wondering if there are limits on HELOCs and what they are? I have one on one of my properties that is almost run dry, but I know I have a good amount of equity in my other property. Would me having one already close to maxed out be a red flag to lenders if I were to apply for one on another property?

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