Mortgage Blog

HELOC with your rental property

August 5th, 2010 11:28 AM by Eric Fang

There are more and more interests of doing refi for the rental property. And this rental was the previous primary, and you got the heloc when it was primary, then be careful when you try to do refi.

Most lenders will ask you to close it. Only a few lenders will allow the re-subordination. Please consider that when you work with your agent to refi the rental.

Posted in:General
Posted by Eric Fang on August 5th, 2010 11:28 AM



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