Refinancing Home and HELOC Help

[Christopher Hough]

Hey Everyone.

Question: I'm currently on a 30 year loan and about to refinance for a 15 year loan. At the same time, I'm about to apply for a HELOC to leverage the 150K equity on my home to secure some funding for my *first investment property*.

With that said, is there anyway to go about this without having my credit pulled twice. I'm just over the cusp of Excellent Credit and don't want one pull by one lender [refi lender and/or HELOC lender] to only to have it fall just under excellent once the second lender pulls - to ultimately prevent any potential interest rate increase.

Thank you so much for your time. 

PS: First post. Business owner here in St. Petersburg, FL. Beautiful market that is growing substantially with big firms like Cathie Woods Investment Firm relocating here. Excited to be a small part of the growth within this beautiful city.

[Christopher Hough]

@Caleb Lane / @Mitch Davidson

Thank you for taking the time to weigh in. I'm actually going to call reach out to both of you for some more further insight.

And by both of you, per your mention Caleb, I'm going to reach out to Justin. Van Dyk Mortgage has amazing reviews.

Mitch - your response was very insightful and appreciated. I'm going to send you a PM to tap in to that brain of yours a little more.

Thank you both again and sorry for the delay. Naturally, biggest 4 day weekend of the year for the brand and there was a lot of prep work going in to the start of Black Friday.

Enjoy your weekends and be on the lookout for me reaching out.

Chris

ArtiKen | Founder + CEO
www.artiken.com