Should You Refinance Your Low-Interest Mortgage into a 1st Lien HELOC? Pros and Cons Explained!
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- เผยแพร่เมื่อ 11 ก.ย. 2024
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If you've recently bought a home and secured a low-interest mortgage, you might be wondering if refinancing into a 1st lien Home Equity Line of Credit (HELOC) is a wise decision. In this video, we delve into the factors you need to consider, including your financial situation, current mortgage rate, and the benefits of a 1st lien HELOC. Learn how to leverage the HELOC strategy to maximize your financial flexibility and pay off debt faster. We also compare the advantages and potential risks of first and second-lien HELOCs to help you make an informed choice. Tune in to discover if this strategy aligns with your financial goals!
