Quote:
Originally Posted by Titan
So do they not even look at the value of the house at the time? Also, can you roll the Helco into the mtge as a whole? Does that make sense?
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They won't look at the value. You just have to choose a new term at current rates.
You won't be able to roll the HELOC into it. Because then you'll have to do a new application. Then they'll look at the property value and since you'll be looking for a new mortgage that is higher then the value, you won't get approved