Just Closed! HELOC?

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I just purchased my 1st home for investment (wholesale) purposes and the bank called to ask if I wanted a HELOC. I haven't even made the first payment yet! I was sleeping and just wanted to get them off of the phone. What is that all about? I do remember the rep saying that they would have to pull my credit again and I declined. How can I apply for something (equity) that I don't have yet?

Comments(1)

  • WheelerDealer24th December, 2003

    Key word "rep"

    You got sold. Sold to another department that all they do call call call without qualifying the person they called.

    At one time they would not finance me a used kleenex,, but the calls and the card offers kept coming even with the same company i wasn't paying on at the time.
    [addsig]

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