The newest qualification criteria for an effective re-finance can differ away from the ones from their brand new HELOC. This hinges on whether or not your adhere to a comparable bank and you will just how much collateral you have in your home. Simply because your entitled to an excellent HELOC immediately after does not mean you can easily qualify once more, and you may also see it more difficult to help you be considered after you tapped in the residence’s security.

The needs can vary if you go after a personal or family collateral financing. Continue reading →