GUIDE SIX

GETTING STARTED

In this unit, we will talk about where the rubber hits the road. We'll dive into the bank interview process, applying for our HELOC, and explain how to put ourselves in the best position for getting off to a great start.

Part 1 of 2:

In Part 1 of this unit, we are going to look at how to set ourselves up for success and get an idea of what to expect as we start the process.

Quick Fact: As of 2020, many HELOCs are able to close within 30-45 days from the time we apply.

Part 2 of 2:

For part two of this unit, we are looking specifically at getting off to a great start...and this is all about TIMING.

Quick Fact: If everything is timed ideally, we could get up to a 1-2 month delay in any loan payment. Some of this is within our control while some is dependent upon our bank.