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Refinancing HELOC

605 74 August 13, 2025 at 08:28 AM
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Hey all,

I currently have a HELOC with Huntington National, I was looking into my credit union and they're offering an introductory rate of 5.99 for 12 months for a HELOC. I was wondering if it's worth me refinancing my current HELOC to help pay down the amount owed.

Any thoughts on HELOC refinancing?
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glck23
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Joined Jul 2017
Two Buck Chuck
> bubble2 3,099 Posts
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fintlewoodlewix
11-16-2025 at 12:24 AM.
11-16-2025 at 12:24 AM.
I know this is an old post, but for future readers, it depends on your current rate and any fees you'll get charged for refinancing and ending the old account. You'll also have to talk to the credit union about the process for replacing the old loan, as they will not want two HELOCs on one home.
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Joined Jun 2005
Let Sleeping Dogs Lie
> bubble2 8,741 Posts
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komondor
11-17-2025 at 02:00 PM.
11-17-2025 at 02:00 PM.
It also depends on how much you have out, there are credit cards offering 0% for 12-18 months for a 3-5% fee if you have good credit.
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Joined Feb 2007
L10: Grand Master
> bubble2 7,643 Posts
WindySummer
02-03-2026 at 01:51 PM.
02-03-2026 at 01:51 PM.
May be worth checking out.

https://www.figure.com/home-equity-line/
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