NACA could call the loan if they think you didn't make a necessary choice, they do not consider paying off credit cards as okay.Your HELOC lender can also close the line if your FICO goes down or they find out they are in 3rd position.NACA is an amazing product no down, no PMI, low rate, no fees - you sure don't want them to call the loan.

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Hi Will,Give up on your dreams of a low rate on industrial right now.If someone is going to lend you 75 LTV.Rate is going to be around 11-12%.

Do you see a lot of borrowers with more debt that just a credit card and car payment? 

But if you later apply to another loan and you have, say, a $0 balance on your heloc, they might look at it similarly to having balance on a credit card, which doesn't really add to your DTI.  

They seem to look at it as the balance you have on a credit card - it doesn't increase debt if you're not using the funds.  

Consumer credit card debt is at an all time high and families are struggling to stay afloat.

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Opened credit card and up over 720 now.

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