Updated over 4 years ago on . Most recent reply
Questions regarding Heloc
I am in the process of doing a 80% owner occupied cash out refinance. Can I get a HELOC on part of the remaining 20%? If so how much can I ask for and what should I expect in regards to rates. I did the math below if anyone is interested in specifics.
The home was appraised for $385k
Current loan amount is 260k
Closing costs on refinance are around 10k with escrows
I should get 30k at closing could I get more money from a