HELOC or Cash Out

[Kit Jackson]

Maybe a dumb question but what the heck. My primary home has a first mortgage but the SBA has a lien on my home and in 2nd position. This lien will fall off in 9 years according to an attorney but I don't want to wait that long. I have a good amount of equity and was wondering if it is at all possible to get either a HELOC or cash out in someway to possibly offer a OIC to the SBA and get it off my house. This would put a new loan in 3rd position until I get rid of the lien currently in 2nd. Is that possible?