Need advice regarding HELOC

I want to get my down payment for a new home from the equity in my current property via HELOC. The problem is, the market is tough right now and it may take a year or two before I find a new home. I don’t want to open a HELOC and let it sit for a few years while I pay for monthly fees. When I submit an offer for a home can I say that the down payment will come from my taxable brokerage account and then on closing day source the down from a HELOC? by dwendlan981 from Ambrose, Georgia. Apr 5th 2022 Reply