All Forum Posts by: Felicia Bridges

@Benjamin Manibog I submitted an application on lending tree and of course my phone started blowing up.

What I've discovered is that many lenders say they don't offer a HELOC. They want to talk to me about refi cash out or an equity loan which I don't want at this time.

I tried the lender that I have my home loan with, but I have to wait several more months prior to applying for a HELOC because I just refinanced in January and they only offer 80%.

I'll keep looking. I posed the question back to this loan officer of "are you able to offer the same amount in a HELOC without refinancing my primary loan?" I'm waiting for a response. They are offering 90/95% for the HELOC with what she presented.

I just don’t know...

@Robert Purcell that is what my gut is telling me...not to go with that.

I'm looking for recommendations for financial institutions for a HELOC.

I'm am looking for a HELOC, so that I can have capital available for down payments/investing. I have never had a HELOC. One company wants to refi the conventional loan on my primary residence in combination with the HELOC, is that how it usually works?