Skip to main content
June 3, 2019
Question

What dollar amount do i put in under Original loan balance for a HELOC loan? The balance or the amount that I can borrow up to?

  • June 3, 2019
  • 1 reply
  • 0 views
No text available

1 reply

Employee
June 3, 2019

It's your total line of credit - the amount you can borrow up to.  If you have a $100,000 HELOC, your original loan balance is $100,000 - even if you haven't yet drawn on it.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.