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Updated about 8 years ago,

Adam Craig's profile image
Adam Craig's profile image
Adam Craig
  • Investor
  • from Cleveland, OH
  • Member since Aug 16, 2011
Connect

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603
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130
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Adam Craig's profile image
Adam Craig's profile image
Adam Craig
  • Investor
  • from Cleveland, OH
  • Member since Aug 16, 2011
Connect
Adam Craig
  • Investor
  • Cleveland, OH
130
Votes |
603
Posts
Private Lending & Conventional Mortgage Advice

Looking to switch my HELOC to PenFed question

Adam Craig
  • Investor
  • Cleveland, OH
Posted

I want to switch my personal HELOC to PenFed because they have more favorable rates. My current HELOC has a balance of about 12K on it. What would the process be to switch over - do I need to pay it to 0, then close the account. Or can I transfer balance to PenFed account then close.

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