HLS–Heh heh heh. Looking for some free money now…all I can see is a BofA with a 3% transaction fee on cash advances, 0% APR for 12 months. Thus, on $10K the fee would be $300. Take the $10K and lock it up for 5.5%, so you are making a little money, about $250 I think. Can’t decide if it is worth the effort. Although, I take a small amount of pleasure in getting them back at their own game! Let them try and make me a fool! No sir!

OK, back to HELOC then…..so, would it be better for me to close the account? Then, I would have NO lien at all. (I don’t like owing, liens, I like to be free of any financial complications)