Something I've been eyeing is the All In One Loan or FirstPosition HELOC where you take a HELOC on the entirety of the homes value, then use that credit account as your daily spending account.
It's a higher interest rate, but then you only get charged on the amount you have actually borrowed which ideally would be get lower and lower.
If anyone has any feedback on it I'd love to hear it
It's a higher interest rate, but then you only get charged on the amount you have actually borrowed which ideally would be get lower and lower.
If anyone has any feedback on it I'd love to hear it