HELOC

Categories: Mortgage

I closed on my 3-family brownstone in April, 2007 and am having trouble getting a HELOC. HSBC won’t give one to me until I have 2-yrs history as a landlord since my ability to pay the mortgage depends on my income plus the 2-apartment units I am renting. I am looking for a fixed-rate HELOC. Anyone know where I can get one for @ prime w/o having to pay for closing costs? Thanks.

By MacD | 08/24/2007 9:41 PM