its better to refi, because the HELOC is usually used for home improvements.plus you will have an extra 400 a month in HELOC Charges. a debt consol/refi is your best bet. i saved the last guy a NET 1200 dollars a month, i put 15,000 in his bank account(and showed him how to invest it to get a million dollar return in 15 years, so he can retire and put his kids through collage,) and his house will be paid off in 20 yrs, so he has a 900,000 dollar free and clear asset, that he can sell, or borrow against in 20 yrs, or sooner. and he closed his loan in 1 week. if this is the kind of service you need. call me, i dont charge any app, pre-qual, or consultation fees, and will stucture a loan for you that can virtually pay for itself.(no obligation on your part) i am a debt refi qualification expert. call me on my cell phone anytime 203-410-4427, or at my office mon-fri 9am to 5pm EST, 203-729-8900 x-111, ask for david powell. we can do upto 95% LTV , with no mortgage insurance, and i have a wonderful equity builder loan program that is used by allen greenspan himself. i want you as a client, lets get started.
David Powell, Vice President/ Loan Officer
Oakwood Mortgage Group & Assocs.
· 1 decade ago