My house and property worth around 200,000 and I owe nothing on home or property by rdorko784 from , Michigan. May 13th 2014
Go to your bank where you have your checking and savings to see what type of programs they have. Typically your rate will be at prime or prime plus depending on your loan parameters.
Is there a reason why you are looking at a HELOC vs a Cash Out Refinance. You may consider looking into a refinance to pull cash out. In my experience you may get more favorable terms, depending on how long you are looking to utilize the HELOC. Often times the Line of Credit options are only offered with a variable rate. With interest rates still being relatively low, you may consider a long term fixed rate solution. Best of Luck!
Comerica Bank does 2nd TD's and Heloc and has some specials going on right now. Take a look at them and go from there.If you need additional assistance feel free to email or call me.
Ask our community a question.