New Visitor
Posts: 1
Registered: ‎11-16-2012

High vs Low Limit HELOC

What is the benchmark/limit for Low vs a High limit HELOC. I have read in some places that anything $25000 and above qualifies as "High Balance", and in some other places that $50,000 and above qualifies as "High Balance", and more numbers in other places ...


Do you guys know?

Valued Contributor
Posts: 1,093
Registered: ‎02-15-2012

Re: High vs Low Limit HELOC

I believe it has more to do with the percent equity you will have used up. There are hight LTV and low LTV HELOC's. The high starts at like 85% LTV. This varies a llittle bit. The thing you will see vary with the amount you borrow is the Interest rate for the loan. Borrow more because your equity is higher and you will save a bit on your interest rate.

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