HELOC Options? Here are my numbers...
Hello BP Forum,
I have property coming up on 6 months of mortgage seasoning. I am wanting to use a HELOC to pull out around 20K, however, I am running into issues finding a institution offering HELOCs with less than 1 year of mortgage seasoning and who is willing to work with an amount this small.
Any suggestions?
Here are my figures:
- Current Principal Balance: $79,598
- Comps: $120K - $130K
Thank you,
Conor