Requirements For A Home Equity Line Of Credit (HELOC)?

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  • เผยแพร่เมื่อ 17 ต.ค. 2024

ความคิดเห็น • 25

  • @Flipping_Assets
    @Flipping_Assets 10 หลายเดือนก่อน

    Can I get a heloc with no tax history right away if I buy a home cash paid off?

  • @empoweringhealthdaily
    @empoweringhealthdaily ปีที่แล้ว +1

    Awesome presentation! Short and to the point.
    Also, LOVE the hat. Go Big Blue! #BBN

  • @Nuttertainment
    @Nuttertainment 4 ปีที่แล้ว +2

    This was a hard thing to find. Specifically the percentage of equity needed to be available. Thanks

  • @rashadh2252
    @rashadh2252 5 ปีที่แล้ว

    do you know of any banks in Maryland that let your get a heloc on an investment property .. I know you said there are about 62 banks .. but I'm trying to find one in this area

  • @Gallardo6669
    @Gallardo6669 6 ปีที่แล้ว

    I have a question and need an advice if this is a good idea i have: i have for example 15k on my regular banks saftey account and let's say a montly income of 5k.now having that money lying around in the bank dont do me anything good. But i also dont wanna put it towards the principals and then its gone and i have no backup for an emergency. Wo herwe is the idea: can i take a heloc loan for 20k and put it right away against the principals. Then i park my savings plus income back into the heloc account. As the month goes by i needti pay bills from my income, so i lower the heloc account as times goes on. So i would pay interest on the heloc within a month slowly more as time goes on, my savings would be anytime available to me, but now i save a ton on interest on my lower house loan. Part2 of the idea is to save back up the 20k and apply the same game againand again. Does that work as a smarter way??

  • @slamcutube
    @slamcutube 8 ปีที่แล้ว +1

    If two people are on the mortgage, can the HELOC be only under the name of one of them?

    • @slamcutube
      @slamcutube 8 ปีที่แล้ว

      +Michael Lush Thank you

  • @bebobebo6355
    @bebobebo6355 7 ปีที่แล้ว +2

    how fast can you do a home. equity loan once you close on a mortgAge

    • @angelrivas1539
      @angelrivas1539 5 ปีที่แล้ว

      As soon as you gain some equity. That is if your home increases in value. Get an appraisal

  • @robinson230685
    @robinson230685 8 ปีที่แล้ว +1

    Can a first time home buyer apply for a HELOC? If yes, is that a good idea to do so?

    • @angelrivas1539
      @angelrivas1539 5 ปีที่แล้ว

      I’m sure you can I’m already getting offers from my bank and I’ve only been at my house for 4 years

    • @tahirisaid2693
      @tahirisaid2693 ปีที่แล้ว

      I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to genuine success with or without HELOC or Cash-out Refi

    • @florianmadison
      @florianmadison ปีที่แล้ว

      Heard many good recommendations about Rochelle Dungca-Schreiber by some YT channels, Seminars and other platforms. Never knew she could be of help in that manner

    • @tahirisaid2693
      @tahirisaid2693 ปีที่แล้ว

      Thanks so much I was able to find her page and I already leave her a message.

  • @wadebrown4123
    @wadebrown4123 3 ปีที่แล้ว +1

    You had me until the UK hat. Go Duke :)

  • @joechavez8342
    @joechavez8342 3 ปีที่แล้ว +1

    David Mares some where over the rainbow

  • @CHSmoot
    @CHSmoot 6 ปีที่แล้ว +1

    CATS!!!