how do you obtain 20% down using HELOC?

来源: tank 于 2009-02-02 15:12:59 [] [旧帖] [给我悄悄话] 阅读数 : 0 (278 bytes)
本帖于 2009-02-03 09:26:38 时间, 由普通用户 表情符号 编辑

put down 20% of ur money then take out the HELOC? dunno if bank would let u to do this nowadays. Otherwise, r u talking about 2nd mortgage here as down payment, that's obsolete too nowadays. And if i remember it right, HELOC can be recalled anytime by the bank. What about PMI?

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• I use HELOC of existing properties as downpayment. -cultuslake- ♂ 给 cultuslake 发送悄悄话 cultuslake 的博客首页 (0 bytes) () 02/02/2009 postreply 16:14:01

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