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Updated over 4 years ago,

User Stats

447
Posts
63
Votes
Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts

Parking 100k in HELOC better than parking in savings?

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

I hold a 30y conventional mortgage and 100k in checking account.i have been going through a lot about velocity banking these days and trying to understand it conceptually.Would it make moresense to park 100k in HELOC instead of non interest bearing checking account?

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