In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
A HELOC, or secured line of credit, may be a smart idea if you need money for a home renovation project, education expenditures, or other major expenses.
Although, borrowers who cannot afford to make significant additional repayments would be worse off if they were to refinance to a line of credit. This is because a line of credit usually offers a higher interest rate which would outweigh any savings made by combining your accounts.
