In this video, I discuss whether you should get a HELOC (home equity line of credit) or a cash-out refinance. There are many different scenarios and so it's really advised to talk to a mortgage professional about your specific needs and goals. As a mortgage broker, I have this conversation multiple times per week so I have experience with all kinds of scenarios. A local loan officer/loan originator should be able to give you the reasons why they think one is better than the other for you, hopefully, this video gave you some general ideas.
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HELOC or cash out refinance? | What To Know!
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