Updated almost 6 years ago on . Most recent reply
HELOC question. Way more then requested.
Hey so I have a question. I applied for a HELOC through Tower fc which I've seen a few bp members refer and my original request was for 80k. It's been a really long process but as we got closer to the end they sent me closing docs and it's for a loan amount of 160k. I double checked with the closer and they said that was right and I didn't fight it but then my wife asked if there were any issues that could come up from the new amount and I wasn't sure. I'm supposed to get the docs tomorrow to double check but should I be wary of anything from this higher amount?
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Does your asset support that size HELOC?