My Mom wants to take out an equity loan on her fully paid house… Can she get a good deal

Seeking Advice
21

It’s a bit suspicious that you’re not sharing why she needs the 100k. Is it for you?

22

Wesley said:
It’s a bit suspicious that you’re not sharing why she needs the 100k. Is it for you?

Why does it matter? There’s no need for him to share his mother’s personal and financial matters here.

23

@Ellis
He’s already shared a lot about her situation.

24

HELOCs are usually free; this deal is not good. The costs are too high.