Updated almost 8 years ago on . Most recent reply
How long does it take to refi out of a HELOC? Any obstacles?
How long does it take to refi into a home equity loan from a HELOC? What should I watch out for?
Most Popular Reply
If you refi out of your HELOC, your line of credit will be closed and you will no longer have access to it.
If you have a bunch of equity in the subject property, you could ask the bank to increase the line OR or you could get a new first and at the same time pay down and subordinate the HELOC.
- Tom Gimer
Gimer Law
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