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Updated about 8 years ago on . Most recent reply

Will banks loan 100% Heloc?
Hello! We have about 100,000 equity in our personal residence. Will banks lend 100% of that equity these days or only 80%? We are trying to free up some cash. Thank you so much for your help!!!
Shannon
Most Popular Reply

It has been our experience that most lenders will extend a secured line of credit to between 70% and 80% of the value of a residential property.