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hi can i take out a heloc when my home is on the market?

I need the money. by scottportman from Santa Cruz, California. Jun 25th 2013 Reply


Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Perhaps from a private lender, with sufficient equity.

Jun 25th 2013
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Probably not. Banks don't want to go through the hassle of opening up a new loan or line of credit if it is likely going to be paid off rather quickly. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950.

Jun 25th 2013
1
0
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Probably not. Banks don't want to go through the hassle of opening up a new loan or line of credit if it is likely going to be paid off rather quickly. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950.

Jun 25th 2013
0
0
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