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Updated over 5 years ago on . Most recent reply

HELOC
I applied for a HELOC 4 months ago with a bank...still processing. Can I apply with a new bank in parallel or will it impact my credit score to apply for 2? How long does it typically take to get a HELOC?
At what time am I committed to have a HELOC with a given bank? Is there a specific paperwork I need to sign for that?