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Updated over 7 years ago,

Jason Wang's profile image
Jason Wang's profile image
Jason Wang
  • from Seattle, Washington
  • Member since Apr 12, 2016
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Jason Wang's profile image
Jason Wang's profile image
Jason Wang
  • from Seattle, Washington
  • Member since Apr 12, 2016
Connect
Jason Wang
  • Seattle, WA
0
Votes |
3
Posts
Private Lending & Conventional Mortgage Advice

What happens to HELOC after a correction?

Jason Wang
  • Seattle, WA
Posted

If I took out a 100k HELOC from a property currently appraised at 150k now, what will happen to the HELOC if the appraised value dropped to 90k? Will I still be able to take out 100k even the property value has dropped?

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