Author Topic: HELOC Options  (Read 1895 times)

Offline USCTrojanCPA

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Re: HELOC Options
« on: August 11, 2021, 11:55:13 PM »
Took out HELOC from Wescom recently. Super easy process and they are by far the most technologically advanced CU I have experienced.

One of my buyers is a senior level executive there and was telling me about their jumbo loan program that goes up to $5m with 25%.  I was surprised that they'd go up that high with only 25% down when the big banks require a 30-40% at $2.5m+ loan amounts. Their rates are fairly competitive too, I might give them a try when it's time to go unicorn hunting.
Martin Mania, CPA
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Often imitated....Never duplicated!
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