Consumption and Real Estate
How long should I wait before applying for a home line of credit after refinancing?
Question : How long should I wait before applying for a home line of credit after refinancing?
I just refinanced my home to get a fixed rate and now I want to open a line of credit account.
home line of credit
Best answer:
Answer by sporregar
You might not be able to get a 2nd mortgage so quickly. It will depend on your equity in the house.
HELOCs aren’t such a good idea right now because the interest rate fluctuates with the prime rate and it could jump every month.
This entry was posted by admin on September 3, 2010 at 9:16 am, and is filed under Loans and Mortgages. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.
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on the same documents u can get credit for card with which ucan arrange cash flow for ur needs