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Author Topic: HELOC on the back end of HML  (Read 1370 times)

Offline yrush2000

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HELOC on the back end of HML
« on: January 22, 2007, 10:23:57 pm »
I was wondering if its possible to get a HELOC on a property bought with HML.  I know Citibank does no season HELOC but not sure if they do it with a HML..anyone know???

I am thinking of signing contract on a home. Selling for 680K, appraised at 1.05mil so 35% equity on a divorce sale.  Only getting this price if its a quick close with a HML, no time for conventional loans here..

 




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