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Updated almost 7 years ago on . Most recent reply

User Stats

9
Posts
1
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Elizabeth Bower
  • Rental Property Investor
  • Summersville, WV
1
Votes |
9
Posts

HELOC- closing costs?

Elizabeth Bower
  • Rental Property Investor
  • Summersville, WV
Posted
We have decided to take out a HELOC on our house to fund our first house. I research the numbers and apply and then the lender calls me.... He starts talking about closing costs.... appraisal, title search on our current home and variable interest... My question is, is this what to expect with every bank or should I move on to the next and find a better deal? Any recommendations are welcome! Newbie here! What’s the best way to finance with a HELOC?
  • Elizabeth Bower
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