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Hi BP forum,If I were to secure a $50k HELOC on my primary residence at 3.5% and never actually use any of the money would I still have monthly payments? i.e. interest payments? Thanks!
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Just wondering if there is any other places beside small credit unions to get a good deal, my state employees credit union offers heloc at 4.5 rate which is good but therer monthly payments for heloc is for every $100...
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After much research, I think I’ve finally decided to refinance my mortgage into a 1st lein HELOC. Now, does anyone know a Florida bank or credit union that offers these? Thanks so much for your help BP-community!
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Hi everyone, If I have unused HELOC on my property (say 50k I can take out), does that counts as my "liquidity asset" for banks?Thank you.
Can you convert your 2nd home into a rental property and keep your Heloc?
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I am a first time prospective investor. I currently own a home with a decent amount of equity built up (around $400K) and thinking about using some of the equity through a HELOC to help as a down payment on an investm...
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I’m looking for recommendations for financial institutions for a HELOC.
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Hey Arkansas BP'ers!I live in Rogers, AR and am planning to open a HELOC soon! Does anyone have recommendations for local banks that have competitive HELOC rates or terms? (Low Intro APR, No/Low closing costs, etc). O...
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So I’ve recently been approved for $60,000 HELOC from the bank. I currently live in Foley AL 36535 where the housing market seems high and hard to find a deal where the numbers make sense.. what would you do with $60,...
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Quick description: I have approx. 125k of equity in my home. 17 years into the mortgage, solid credit and never missed a beat on payments. Downside: We're in the restaurant business, if you're familiar then you know h...