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Updated almost 6 years ago on . Most recent reply

Jeremy Schanderl's profile image
Jeremy Schanderl's profile image
Jeremy Schanderl
  • Member since May 31, 2018
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Jeremy Schanderl's profile image
Jeremy Schanderl's profile image
Jeremy Schanderl
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Jeremy Schanderl
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Pre approved while using a heloc?

Jeremy Schanderl
Posted

Recently got a 65k HELOC on my primary residence. I want to use this money as a down payment on another property. Will I have an issue getting pre approved? Does it help to have the money already pulled out of the line of credit? If this has been a problem for you how have you gotten past it?

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