Have a mortage and a HELOC, but want a larger HELOC to give more flexibility in terms of investment options.
Thing is that my existing HELOC is at a very low rate but also at a relativele low LTV since my property value has gone up now.
So would like to add another one even if at a higher rate. If I went with a new HELOC at larger amount, the rates would be higher for any amount owed.
Can I have two HELOCs, or not?? Other options???