For those of you who have a HELOC set up for an emergency fund -- who's your lender?
I'm looking into opening a HELOC as an emergency fund (and then will hold less in cash), but will only go this route if it doesn't cost me anything. From searching online, I see a lot of lenders' advertisements stating "no closing costs," etc., but I am curious if I can set up a HELOC that is truly 100% free to me -- so long as I don't draw on it.
Thanks in advance for any info.