I have seen thousands of home owners over the years get stuck with an I/O Heloc and cannot refinance it due to lack of pay down and not enough equity/appreciation.You still have a 30 year mortgage at low 6% versus a Heloc in todays market at over 8-10% over a shorter term 10, 15, or 20 but never 30 yeas so in most cases the mortgage payment is less. 

Type o

I am 25 y/o, I have a job where depending on overtime, I make around $140,000.

This refi will definitely increase my mortgage payments but it will also absorb a HELOC which will put a stop to I/O payments.

Quote from @Brandon O.: Has anyone else had a negative experience with a Rent to Retirement new build in Cape Coral?

Why wait? I want to start house hacking and living a life of financial independence by the summer of 2025. This gives me under a year to start looking for properties and building capital. I would love a few tips to ge...

My insurance company screwed up in insuring the property and are trying to cover it with their E&O policy.

Originally posted by @Yi O.

If it's a rental...A DSCR C/O Refinance is an option right now.

The more full Doc a loan is typically there is more documents, scrutiny, and ultimately a longer closing time frame where as a private bridge note can fund in 1-2 weeks the full doc rehab loan may take 40-70 days on average depending on a host of variables (your General contractor's documents, the appraisal, scope of work, etc).Its imporant to figure out what you're trying to do, what deal you have in front of you, your capability in terms of all loan products from DTI focused ones, the bridge private ones, your time frame to close (the type of seller you have before you), and execute with the best game plan.Best,@Matthew Kwan@Carlos Valencia