Can I get a home equity loan if I buy on a Real Estate Contract? Thanks.
What's the value of the property how much are you putting down? You cant answer the question as it is written
nmcurse, Glad to meet you. You would not be able to get a home equity loan when buying on a contract for sale or realty contract. You would need the original loan in your name. There are circumstances such as the seller owns the property free and clear and would allow you to get a loan on the property. Welcome on board this board, I presume that this anwered your question as best I could by reading in between the lines. John $Cash$ Locke
What's the value of the property how much are you putting down? You cant answer the question as it is written
nmcurse,
Glad to meet you.
You would not be able to get a home equity loan when buying on a contract for sale or realty contract. You would need the original loan in your name.
There are circumstances such as the seller owns the property free and clear and would allow you to get a loan on the property.
Welcome on board this board, I presume that this anwered your question as best I could by reading in between the lines.
John $Cash$ Locke