HELOC loans & mortgage modification?

I recently modified my mortgage with a balloon payment due at the end of the term,provided I don’t refinance at which time the balloon payment would be due. I am in need if some cash to payoff a settlement and I was looking at a heloc as a way to pay and not trigger the balloon payment on my home, as that would negate any benefits of the modification.is this a viable option? Is there another option that I should be looking into that wouldn’t affect the modification?

Register New Account
Reset Password