Home > Case Study, HELOC, Line of Credit, Refinance > Case Study – Increase to HELOC on Primary Residence (Los Angeles)

Case Study – Increase to HELOC on Primary Residence (Los Angeles)

helocOPPORTUNITY: Refinancing second home with a conforming mortgage, request to increase existing HELOC for funds to pay down.

PROFESSION: Medical/Real Estate NET WORTH: High

SOLUTION: INCREASE TO EXISTING HELOC

Value: $1,600,000

Mortgage: $800,000

LINE OF CREDIT: $500,000

CASE CLOSED JULY, 2012

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