Anyone here familiar and care to explain first lien HELOCs?
- How to convert to this vehicle from a mortgage?
- How to qualify and locate lenders who’ll complete the conversion?
I heard about this but it appears some people have no idea and others are savvy. Seems to be the most efficient way to pay off debt
@Andrew Postell Maybe you may be able to help with this.
@Account Closed Thanks for trying to help! I’m surprised I haven’t gotten any responses yet :(
@Ben F. Have you reach out to any lenders directly?
@Account Closed No. I wanted to get feedback from those who’ve done it first.
@Ben F. fair enough, but lenders can give you a solid breakdown of what is supposed to happen.