The size of this initial draw can vary widely, though. Some lenders may only ask for a $500 to $1,000 minimum draw while others might set the minimum closer to $10,000.

What to know about the HELOC draw period this March While a HELOC can be a smart home equity borrowing option to consider this March, make sure you understand these three important things about ...

As the video above shows, GOLF Top 100 Teacher Martin Chuck walks you through his three steps towards hitting a draw. We also break things down below — so take notes and get your practice on. 1.