Home Equity Line of Credit (HELOC)

Member since 2019 · 1 post · 0 votes

I'm interested in getting a HELOC from a local bank or credit union but I'm unsure what I should be looking for other than rates when comparing lenders. Can someone provide me with some guidance on this?

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Aditya Kohli
Member since 2021 · 36 posts · 21 votes
3y
Some of the things i looked at apart from what you mentioned were :
- Yearly maintainence fee (if any )
- Time to close for the line
- % equity they could lend me upto ( mine went till 90% on primary)
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