• Question
  • Refi Cash Out vs, HELOC

    Asked by someone from Brawley, CA on 7/8/2020

    We are refinancing our mortgage from an original 4.25% down to 2.8%. We'd like to have some work done and possibly replace the home's AC. Two possibilities: cash out the $15-20k we need and part of the refi, 15 years fixed. Or, take out a home equity line of credit. Our finances are sound. What would be the better long term option?

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