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Old 01-21-2025, 07:31 PM   #34211
lowside67
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Quote:
Originally Posted by blkgsr View Post
got it thanks guys. reading about it now.


the key part is the type of mortgage, I don't believe i have the HELOC option on mine so i'll have to discuss with my broker.

i'm assuming you guys knew about the smith manuever before you got your mortgages?
You do not need a HELOC, but do need the ability to do a new mortgage. An ideal time to do this is at renewal.
Quote:
Originally Posted by donk. View Post
Smith maneuver is all fun and games until 99 or 07 hit
All you need to do is nothing and it will sort itself out over time.

-Mark
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