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Oct 28, 2021
11:42:49am
OnEMoReTrY Redshirt Freshman
Utah First Credit Union is doing HELOCs with 1% interest for the first 6 months.
I'm currently floating a down payment on a rental property using that HELOC rather than pulling money out of the stock market to season it for 2-3 months prior to closing in a low interest checking account. I'll pay the HELOC balance off within the first 6 months, but it's a no brainer for me to use some of the equity in my house for this purpose at 1% interest.
OnEMoReTrY
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OnEMoReTrY
Joined
Jan 16, 2013
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Jan 27, 2022
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