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Updated about 7 years ago on . Most recent reply
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How long does it take to refi out of a HELOC? Any obstacles?
How long does it take to refi into a home equity loan from a HELOC? What should I watch out for?
Most Popular Reply
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If you refi out of your HELOC, your line of credit will be closed and you will no longer have access to it.
If you have a bunch of equity in the subject property, you could ask the bank to increase the line OR or you could get a new first and at the same time pay down and subordinate the HELOC.
- Tom Gimer
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Eastern Title & Settlement
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