Most people refinance a home to save money, at least in the long run. If you're contemplating making that move, it's a good idea to verify first that it's the most financially efficient way to achieve your goals and to ensure you're well prepared. But there are things to consider...
Starting the application is easy. Simply apply online or call a loan officer at 202-808-3600. Here’s what you need to know prior to applying for a HELOC: You can borrow up to 90% combined loan-to-value (CLTV) Formula: (Amount owed on primary mortgage + HELOC) / appraised value Example: You owe...
