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Cynthia Andersen
  • Gilbert, AZ
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Which Arizona Banks offer HELOC for purchase?

Cynthia Andersen
  • Gilbert, AZ
Posted Aug 7 2018, 15:13

Hi all!

I'm super new, so please forgive my ignorance.  :)

I'm looking to purchase a home (as my primary residence) using a HELOC in the 1st lien position (so I can draw off the equity as I pay it off), however I am finding it difficult to find banks in Arizona that offer this. There is a company that offers to sell this list of banks along with support and coaching for $2,500. I'm not sure I need to spend this much to accomplish this. I'm using the handy questionnaire that some else posted to ask banks, however I've call about a dozen with no luck. I would love any assistance with this.

THANKS in advance!

Cynthia

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