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Updated over 4 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Joaquin R Martin
  • Rental Property Investor
0
Votes |
4
Posts

I'm not having any success with HELOC Loans.

Joaquin R Martin
  • Rental Property Investor
Posted

Every local bank I've applied for always want to refinance my mortgage. No way..I have a great rate. Why can't I just get a HELOC without refinance my home.

Most Popular Reply

Account Closed
  • Lender
  • Milpitas, CA
248
Votes |
376
Posts
Account Closed
  • Lender
  • Milpitas, CA
Replied

@Chris Mason solid explanation! Basically, it's not worth their time to do HELOCs since they're a riskier product for the bank and less profitable overall.

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