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Should You Use a Home Equity Line of Credit to Cover a Big Expense?
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محتوای ارائه شده توسط Bill Litton. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Bill Litton یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
When it comes to financing major expenses, homeowners often find themselves at a crossroads. Should you pull from savings, take out a loan, or perhaps, consider a home equity line of credit (HELOC)?
Today, we're tackling that question: is tapping into your home equity through a line of credit a savvy move for major expenses? Join us as we sit down with Bill, a regional president at Cross Country Mortgage, to dissect the ins and outs of home equity lines of credit (HELOCs), their benefits, pitfalls, and how they compare to other loan types. Whether you're eyeing a home renovation or facing an unexpected bill, this episode is your guide to making informed decisions about leveraging your home's value.
Here’s some of what we discuss in this episode:
00:00 - Introduction and Overview of HELOC
04:34 - Importance of Paying Down a HELOC Quickly
09:18 - HELOC Options
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF
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