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Updated over 2 years ago on . Most recent reply

Philipp Shiltsov's profile image
Philipp Shiltsov's profile image
Philipp Shiltsov
  • Member since Oct 21, 2017
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Philipp Shiltsov's profile image
Philipp Shiltsov's profile image
Philipp Shiltsov
  • Member since Oct 21, 2017
Connect
Philipp Shiltsov
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Creative Real Estate Financing

Comparing two Helocs

Philipp Shiltsov
Posted

Hello everyone,

New member here. Excited to be here and learn more about RE. I have a quick question about HELOC. Ive been approved with two different credit unions. Which one is better ?

1st Union

Equity Credit Limit: $190,000.00

Variable Interest Rate: 5.250%

2nd Union

Loan Amount $­­­­­­­­­­­­­­­­­­­­100,000 – I/O HELOC

Interest Rate – ­­­­­­4.50%

Thanks 

Atlanta, Georgia
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