Drawbacks of a HELOC?

Drawbacks of a HELOC? My wife has been interested in opening a home equity line of credit for a little while now. She spoke with a representative from Bank of America about the specifics yesterday and asked me what I thought. We have a significant amount of positive equity in our house, roughly 50%. She was offered a HELOC for roughly 25% of the value of our house. ...

Visit Direct Link

You Might Also Like

Post comment