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Updated over 1 year ago, 04/17/2023

User Stats

4
Posts
0
Votes
Tyler D Cash
  • Wheat Ridge
0
Votes |
4
Posts

What HELOC rates are you accepting right now?

Tyler D Cash
  • Wheat Ridge
Posted

I have one investment property and currently applying for HELOCs ($446k estimated value and $348k remaining on mortgage). I got approved for one at 75K and 10.8% which I declined, and a second at 50k and 8.49% which I am considering. I'm pending offers for other company's HELOCs, but I was hoping for something sub 8%. 

I haven't taken out a HELOC before and was curious to see what terms other folks are accepting in recent months, or what a reasonable expectation for a decent rate currently is. Thanks.

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