1st lien HELOCs › Learn the strategy
Learn how a 1st lien HELOC payoff strategy works
Plain-English education on how some homeowners use a 1st lien HELOC to pay down a mortgage faster, what the risks are, and how the math works. Tell us what you want to learn and we will email you content on those topics.
Educational content only. We do not make, offer, arrange, quote or negotiate loans. We do not take applications. We do not recommend or refer you to specific lenders, and no lender pays us. This is not financial, legal or tax advice. Results vary, and many households will not save money with this strategy. Talk to a licensed mortgage, financial or tax professional before you change your mortgage.
What you can learn
- How a 1st lien HELOC works and how it differs from a regular mortgage or a 2nd lien HELOC.
- The real risks: variable rates, line freezes or reductions, and the discipline it takes.
- The math of paying down a mortgage, with general examples.
- Questions to consider asking a licensed professional about your own situation.
What do you want to learn?
Future
Courses and a payoff calculator
We may add educational courses and a mortgage payoff calculator later. Nothing is for sale and there is no date.
Cash Radar HQ provides general information, not advice. See Disclosures.