Got a notice from your lender your HELOC rate is going up?
Payment increasing?
Call me to talk about strategies to save money.
The Fed is not going to stop increasing...
I you have a Home Equity Line of Credit the interest rate and
payment will rise. Typically your maximum rate is eighteen
percent, just like a credit card rate, very expensive.
$100,000.00 at six percent your payment is $1,110.21
$100,000.00 at eighteen percent payment is $1801.85
C G
(949) 784- 9699
NMLS #324982