The New Tax Law on HELOCs from Southchase Mortgage 12/29/17
Starting in 2018, interest on Home Equity Lines of Credit (HELOC) will no longer be tax deductible. If you would like a quote to combine your home equity line of credit with your first mortgage give us a call. We can even customize the term of the new mortgage to match the remaining years you have now, from 8 to 30 years.
Have a safe, Happy New Year!
Penny Phillips, CRMS NMLS# 204553
Certified Residential Mortgage Specialist
Certified Military Housing Specialist
Southchase Mortgage NMLS# 193181
Conventional, Jumbo, VA, FHA, USDA, Commercial, Reverse
Purchase or Refinance