The 3 Best Ways to Access Your Home Equity WITHOUT Refinancing
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- Опубліковано 13 бер 2024
- In this video I share with you the 3 best ways for you to access your home equity.
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thanks for sharing this video, I did learn from this one as well
Glad to hear it, thanks for watching!
Thank you jay ! First , how do I go about getting a HELOC ? I’m in Texas & my bank ( Chase ) doesn’t offer HELOC . What is the process ? My wife & I are thinking about buying a home with the HELOC , sell our home which we’ve owned for the past decade and payoff the HELOC once we sell our home . Hope it makes sense but that’s why I’m asking you . Keep up the good work !
Hey Thanks for the kind words. I would look up the best local credit unions in your area and give them a shot first. They usually are the most competitive. Also, make sure you ask if there are any early "termination" fees, meaning if you sell the house with a HELOC balance, it will be paid off at closing automatically from the sale. And many times if you do this within the first few years of a new HELOC, there will be an early termination fee of some sort. Keep us updated and thanks for watching!
@@JayCosta Thank you for the advice ! I’ll definitely keep you updated .
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I am currently looking for a HELOC for an investment property, thanks
awesome! Where are you located? I would suggest starting with a local credit union in your area. Thanks for watching!
First 😂