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Reply to "Any reason to have a HELOC?"
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[quote=Anonymous][quote=Anonymous]Very easy way to access a downpayment if you need to move and want to buy before you sell.[/quote] how does this work? You have to provide all financial information and that is a huge change. I"m considering paying off HELOC but am saving for a new home- in a TH now and am under the impression the HELOC wouldn't qualify as a down payment option. What am I missing here?[/quote]
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