What is a HELOC? Elementary Explanation of a Home Equity Line of Credit. #HELOC

🆓 Join my FREE Velocity Banking Private Community

WHITEBOARD Personal Analysis

🏦 INFINITE BANKING CONCEPT

GET HEALTHY! While Losing Unwanted Pounds- OPTAVIA!

FETCH! Come save money with me! Sign up w/ code 1EQG55 & get 2,000 pts:

FOLLOW ME HERE 👇👇👇

FACEBOOK- Vanntastic_Finances
INSTAGRAM- Vanntastic_Finances

Christy Vann and its affiliates do not provide financial, tax, legal or accounting advice; the information presented on this web site/Youtube channel are presented for information/educational purposes only, and following the advice in this video is the responsibility of the viewer and not the video creator.

By participating in this YouTube page, you agree to comply with the following guidelines. In any case, the information provided is “as is” with all faults and without warranty of any kind, expressed or implied. In no event shall Christy Vann, or any affiliate organization be liable for any damages, lost profits, or lost data even if we have been informed of the possibility thereof. Linked Items may create a financial benefit for Christy Vann. Christy Vann is an affiliate of Unstung Marketing LLC and may receive compensation for referring you to their services.

[Killablack]

learned alot I think you are the only person I don't skip the ads for. thanks for the information.

[kylejackson]

Christy you are amazing and gifted with can't wait to speak with you in the near future.

[AP-ehgr]

I like her - she is looking out for her viewers

[leesuvia]

Our 1st mortgage is $294, 284. We have a second mortgage with a balance of 33, 665. Our credit scores range from 649-783. The value on our house is $872, 710. We will be paying off 6 CC and the IRS soon. We are interested in a HELOC, we live in CA.

[madstarr]

Great info as usual! Would it be a good idea to use a HELOC to pay off a tax bill or should a different option be pursued? Also, how does interest work with a HELOC, is it tax deductible?

[FebPumpkin]

What’s the best way to payout a partner with the equity? Is it smart to do a first lien helix loc? I owe $147k. The payout for their equity is $154k. What’s the smartest move? TIA

[SR-zjsm]

Which bank accepted our paychecks to be deposited into HELOC in KS? So many banks and unions have offered HELOC, but they do not allow us to deposit our paychecks. Thank you!

[paulaflynn]

Christy, thank you so much for these videos. When you get a HELOC do you pay on the whole amount each month or only what you use? Kinda like a credit card?

[theresadonlucas]

Heloc don’t let you use them like this. PNC HELOC you must set up a checking account to pay bills, transfer available money from HELOC to checking every month and ask permission to transfers wait 5 days, sign papers, mail them back and then do it again every month. Not as easy as you say it is…

[Chukalux]

Looking up terms for a heloc, they talk about draw periods 🤷🏻‍♂️ need to know more about the terms meanings when thinking about getting a heloc

[joselcorrales]

I will like your advise about my case because I have heloc but I don't know how make work

[juliemoore]

Is a refinanced mortgage in which you were given part of the equity as a cash advance really a second HELOC (What did you call it?)

[bz]

what is the best way to pay off HELOC ? can I also use velosity banking if I have credit cards debt ?

[juliemoore]

If you have refinanced and have received part of the equity as cash, can you get a first line HELOC also?

[jamiec]

Queustion, so if you took a 2nd.position heloc, you still pay the mortgage and you pay on the amount of equity, right? Thank you!

[dlangley]

My home is paid off. Can you get a Hiloc on 100% equity just for emergencies etc.?

[OliverMichaeld]

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[heatherpainter]

My husband and I bought our house in full with some inheritance money he got. Can we still get a heloc?

[FodderandSonAdventures]

What if i dont have a mortgage pmt? We paid as we built. Can i still get a heloc?