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Updated almost 11 years ago on . Most recent reply

User Stats

26
Posts
4
Votes
Robert M.
  • Homeowner
  • San Diego, CA
4
Votes |
26
Posts

Where should I apply for a HELOC?

Robert M.
  • Homeowner
  • San Diego, CA
Posted

I want to obtain a HELOC to have funds for investing purposes. I shopped around with 3 different lenders and found they pretty much provide the same product/credit line (80% of Property Value - Existing Mortgage = HELOC $ amount).

My question is if it makes any difference with which lender I open a HELOC with or are they all the same? Any recommendations?

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