Does A Co-signer Need To Be On The Title To Apply For A Home Equity Loan Or A Home Equity Line Of Credit? « Real Estate Mortgage Loan Refinacing

Does A Co-signer Need To Be On The Title To Apply For A Home Equity Loan Or A Home Equity Line Of Credit?

I’m thinking about applying for a home equity loan or line of credit for my home but am discouraged by my below average credit score. To refinance, any and all applicants must also be on the title document, so would the same rules apply on a home equity loan or line of credit?

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This entry was posted on Thursday, May 14th, 2009 at 3:02 pm and is filed under Home Equity Loan Q&A. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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One Response to “Does A Co-signer Need To Be On The Title To Apply For A Home Equity Loan Or A Home Equity Line Of Credit?”

Pamela B says:

May 14, 2009 at 11:02 am

Anyone cosigning for something such as that would have to be on the deed to qualify. Otherwise is is not a home equity loan but a personal loan.

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