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All Forum Posts by: Hai Wei Wang

Hai Wei Wang has started 1 posts and replied 2 times.

New Member Introductions

Post: HELOC withdraw period frozen

Hai Wei WangPosted
  • Posts 2
  • Votes 0

Thanks!

0 Votes
New Member Introductions

Post: HELOC withdraw period frozen

Hai Wei WangPosted
  • Posts 2
  • Votes 0

Hello, I have a HELOC on a property I have been renting out for a few months now. My bank said since it's no longer my primary residence, my withdraw period ended and I can only pay down and no longer have a LOC. The HELOC was for my entire mortage, current LTV estimate would be 63%. Should I go to another lender start a new HELOC, refinance, What is my best option?

0 Votes