Real Estate

HELOC Need a specific kind

  • Last Updated:
  • Sep 27th, 2020 4:14 pm
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[OP]
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Oct 25, 2016
176 posts
90 upvotes

HELOC Need a specific kind

Hi Everyone,

I have been looking into getting a HELOC, though I like the lists that shows the interest rates, what I cant find are lists stating fees. More importantly, there are different types of HELOCs, some that work as a separate account that you pull funds out of and place into your checking account, and others that function like a large overdraft on your checking account.

For example, Tangerine seems to be a separate account you pull funds from--unfortunately this is not what I need.
  • Does anyone have a link to a list of HELOCs that function like a checking account? where income and expenses can automatically move in and out of it?
  • Does anyone have a link to the fees each bank charges for these HELOCs?
Thank you for your help.
Member since Feb 19, 2008
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