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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Damien C.'s profile image
Damien C.'s profile image
Damien C.
  • Investor
  • from Cambridge, MA
  • Member since Sep 26, 2014
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Damien C.'s profile image
Damien C.'s profile image
Damien C.
  • Investor
  • from Cambridge, MA
  • Member since Sep 26, 2014
Connect
Damien C.
  • Investor
  • Cambridge, MA
17
Votes |
51
Posts
Private Lending & Conventional Mortgage Advice

HELOC & credit score

Damien C.
  • Investor
  • Cambridge, MA
Posted Jun 29 2015, 17:59

Hi folks. I have a HELOC in place, and I'll likely tap that line sooner or later. Just wondering if anybody here has noticed a negative fluctuation in his or her credit score as a result of establishing a HELOC and/or as a result of tapping it. (I'm assuming all are paying the minimum payment on time.)

Thanks!

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