Can a Heloc be paid off early?
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Studied at the University of Barcelona, Lives in Barcelona, Spain.
At any time, you can pay off any remaining balance owed against your HELOC. Most HELOCs have a set term--when the term is up, you must pay off any remaining balance. If you pay off your HELOC balance early, your lender may offer you the choice to close the line of credit or keep it open for future borrowing.Nov 17, 2014
2023-06-15 14:02:26
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Harper Martin
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At any time, you can pay off any remaining balance owed against your HELOC. Most HELOCs have a set term--when the term is up, you must pay off any remaining balance. If you pay off your HELOC balance early, your lender may offer you the choice to close the line of credit or keep it open for future borrowing.Nov 17, 2014