What's the smallest heloc you've seen?

COLOANHound · #1 (**permalink**) 04-12-2006, 04:21 PM

I was curious about the amount and what type of rates for a 76% cltv heloc with 680+ fico?

Greg · #2 (**permalink**) 04-13-2006, 06:24 AM

10k and 500 minimum draw. I am not sure what is available right now though. I send these 2nds that are real tight on section 32 to someone else.

COLOANHound · #3 (**permalink**) 04-13-2006, 07:15 AM

Yeah, I use National City Home Equity for these usually, but this is actually on our property. Having a baby in July and want to do a few things to the room. We only wanted about $7,000. I'm going to check with a local bank, but any other feedback would be great. Thanks.

Greg · #4 (**permalink**) 04-19-2006, 06:14 PM

Find a direct lender. If they have a secondary market they can negotiate exceptions.

Try New Century Prime. Gold and Platinum 2nd. www.newcenturyprime.com

anthonyt2325 · #5 (**permalink**) 04-24-2006, 06:01 PM

Chase is good with HELOC's

The Wizard · #6 (**permalink**) 04-24-2006, 06:04 PM

Flagstar is very good for HELOC's