My husband and I are in the process of buying our first home. We got a great deal on the house at 1/2 the appraised value. How long do we have to own the house before we can take out a home equity loan on the home. We want the money to fix up some things in the house. Thanks!
Posts Tagged ‘How’
How Long Do You Have To Own A House Before You Can Get A Home Equity Loan?
Sunday, May 17th, 2009After Purchasing A Home, How Long Must I Wait Before I Can Be Approved For A Home Equity Loan?
Thursday, May 14th, 2009I’m interested in buying an invesment property but the home needs a little work. I’d like to get a Home Equity Loan to cover some of the renovation costs. Would I be able to get a Home Equity Loan immediately after closing on the mortgage? If not how long must I wait before being approved for the Home Equity Loan?