How To Apply For A Home Equity Line Of Credit (HELOC)

How do I apply for a Home Equity Line of Credit HELOC?

One of two ways: either you can go into a local bank, or you can go to somebody like myself as a mortgage broker. Most of the time, for second trust deeds, I will usually just do those if it's a purchase transaction, or if someone cannot go down the conventional route to be able to get a loan. For example, if you can't really qualify from an income standpoint; if your credit's a little low, that's where I can come into play and help you with the second mortgage.