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HELOC in brooklyn
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Topic: HELOC in brooklyn (Read 1037 times)
NI
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Join Date: May 2011
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Location: ny
HELOC in brooklyn
«
on:
October 12, 2018, 12:34:26 AM »
Does any Me have any recent experience with this? Equity of $300,000 and want to use of this for some home repairs...best bank? General advice? Good rates? Etc
Thanks!!!
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incendia
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Re: HELOC in brooklyn
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Reply #1 on:
October 12, 2018, 01:16:48 PM »
I don't know much but from what I understand HELOCs are generally variable interest rate loans and the Fed is raising rates. You should assume that the interest cost you are quoted now will actually be higher
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ChaimMoskowitz
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Re: HELOC in brooklyn
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Reply #2 on:
October 12, 2018, 01:20:02 PM »
Just search the internet for the best rates. Make sure you factor in any fees they might charged.
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I just found a new supply of forks!
mercaz1
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Location: NY
Re: HELOC in brooklyn
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Reply #3 on:
October 15, 2018, 09:34:29 AM »
don't forget to talk to a credit union as they sometimes have more favorable rates than traditional banks
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