home equity loan to purchase an investment property

Yes.. this is done all the time.. Contact a local mortgage broker/banker.. they should be able to assist you with both transactions.. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

A home equity line of credit can be the 20% or 25% down payment. The qualifying broker/lender will apply the monthly payment or probably 1% of the total amount borrower to your debt to income ratio during the loan qualification process.