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Updated over 2 years ago on . Most recent reply

User Stats

7
Posts
6
Votes
Greg Lyons
  • Rental Property Investor
  • Seattle, WA
6
Votes |
7
Posts

All in one 1st Lien HELOC

Greg Lyons
  • Rental Property Investor
  • Seattle, WA
Posted

Anyone have experience or insight into "All in One 1st Lien HELOC?"

Was pitched to me today as a means of chopping my primary home loan payoff time from 360 months down to about 120, without increasing my monthly payments.

Anyone with familiarity on the pros/ cons, I'd welcome perspective. I like the idea of paying off the mortgage 20 years faster and the flexibility of the HELOC that I might use to fund other rental investments.

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