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In this highlight of the Million Dollar Mortgage Experience, Jon Maddux and Preston Caffrey talk about how/why borrowers would want a HELOC. Reasons why a borrower would want a HELOC: 1) Pay off Credit Card Debt to increase credit score and save money 2) Pay off IRS liens with a home equity line of credit 3) Self-Employed borrower paying off taxes These are just 3 reasons why your borrowers will want to use FundLoans' Alt-Doc HELOC product to better their situation. Can you think of any other reasons? Comment below your top reasons why your borrower wants a Home Equity Line Of Credit! This podcast is intended to aid mortgage professionals Listen to The Million Dollar Mortgage Experience Spotify: https://spoti.fi/2FHsElE Itunes: https://apple.co/2FIzHdR You may also like: Selling Higher Rates With Barry Habib: • Selling Higher Rates With Barry Habib Speaking with the Mortgage Ninja: • Speaking With The Mortgage Ninja - Million... Todd Duncan & The Art of Jumbo Mortgage Origination: • Todd Duncan & The Art of Jumbo Mortgage Or... Andy Dane Carter and Jon Maddux Discuss Real Estate Economics!: • Andy Dane Carter and Jon Maddux Discuss Re... Are you a mortgage broker and have questions about FundLoans? Contact us at [email protected] or by calling 866-303-2694. Preston Caffrey is President of Ocean Equity Solutions, Inc. which is a Real Estate Finance and Development company specializing in Residential, Commercial and Construction loans. After managing one of San Diego’s premiere brokerages we decided to open our own firm focused strictly on relationships and integrity. With over 15 years of personal banking relationships with global investors, we are able to offer the best in both financing and service to meet all of our clients' needs. Contact us today, we’d love to show you how borrowing money can be easy and stress-free.