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Updated over 1 year ago on . Most recent reply

Jamie Kleine's profile image
Jamie Kleine's profile image
Jamie Kleine
  • Architect
  • from Los Angeles, CA
  • Member since Jul 8, 2023
  • Posts 5
  • Votes 1
  • Experience 13 Yrs
  • Investments 1
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Jamie Kleine's profile image
Jamie Kleine's profile image
Jamie Kleine
  • Architect
  • from Los Angeles, CA
  • Member since Jul 8, 2023
  • Posts 5
  • Votes 1
  • Experience 13 Yrs
  • Investments 1
Connect
Jamie Kleine
  • Architect
  • Los Angeles, CA
1
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5
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Personal Finance

Typical closing cost percentage on HELOC

Jamie Kleine
  • Architect
  • Los Angeles, CA
Posted

Hey finance savvy people! We are setting ourselves up with a HELOC to start investing. Looks like the closing cost fees are about 3% of the credit line amount. Does that seem typical for a HELOC of about $200k - so the fees are about $6k? Thanks so much for your help, really appreciate it!

  • Jamie Kleine
    • Los Angeles County, California
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    Jamie Kleine's profile image
    Jamie Kleine's profile image
    Jamie Kleine
    • Architect
    • from Los Angeles, CA
    • Member since Jul 8, 2023
    • Posts 5
    • Votes 1
    • Experience 13 Yrs
    • Investments 1
    Connect

    User Stats

    5
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    Jamie Kleine's profile image
    Jamie Kleine's profile image
    Jamie Kleine
    • Architect
    • from Los Angeles, CA
    • Member since Jul 8, 2023
    • Posts 5
    • Votes 1
    • Experience 13 Yrs
    • Investments 1
    Connect
    Jamie Kleine
    • Architect
    • Los Angeles, CA
    1
    Votes |
    5
    Posts
    Jamie Kleine
    • Architect
    • Los Angeles, CA
    Replied

    Ooo yeah that's a lot better. Thanks again for sharing @JD Martin! Really appreciate it.

  • Jamie Kleine
    • 1 Vote
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