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converting heloc to fixed rate home equity loan

I have home equity loan for $45k and HELOC with limit of $100k and borrowed $10k, now I want to borrow more on fixed rate loan by refinancing the fixed rate loan, but there is no room to get more since my total equity is $145k, can I ask lender to lower the limit on heloc and give more money on fixed rate loan?
  • December 21 2012 - Jacksonville
  • 0Yes

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Answers (1)

You should be able to have your Heloc lowered and get a fixed rate first. Please fee free to reach out to me for a very competitive quote.
  • December 22 2012
  • 0Yes

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