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Updated over 4 years ago,
Is it possible to refi with 1st lien HELOC in NJ?
Is it possible to refi a property with a first lien heloc?
Property fmv $450k
Mortgage amount $225k
Current rate 3.875%
17 years left to pay off the mortgage.
I would like to refi my home to heloc, instead of traditional mortgage with a cash out. However, I know few banks do not offer heloc anymore. I appreciate any info on finding a lender to refi to heloc.
I have two rentals and I would like to finance a third in NJ.