Is it possible to refinance an existing home equity loan into a home equity line of credit
Posted by in UncategorizedIs it possible to refinance an existing home equity loan into a home equity line of credit?
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Refinance Q and A
Answer
YES, ALL YOU NEED TO DO IS GET IN TOUCH WITH YOUR BANK AND TELL THEM THAT YOU NEED AN EQUITY LOAN EVEN THOUGH YOU ALREADY HAVE AN HOME EQUITY LINE OF CREDIT AND THEY WILL WORK WITH YOU BECAUSE ITS UNDER THE 4TH RULE IN BANKING, THEY HAVE TO AND DONT LET THEM TELL YOU DIFFERENTLY!