Why I Can’t Refinance My HELOC Loan

Be careful when you apply for a home equity line of credit

Always read your contracts. Sometimes that isn’t even enough. Photo by rawpixel on Unsplash

HELOC: Home Equity Line of Credit, or in other words; Having Evidently Little Outside Control over my loan.

I needed to refinance my HELOC loan. When we first bought our house, we decided to finance the HELOC to avoid mortgage interest. Our mortgage lender got us (what we thought…