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Updated over 9 years ago on . Most recent reply

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Zaahid Holloman
  • Philadelphia, PA
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Mortgages and hard money lending

Zaahid Holloman
  • Philadelphia, PA
Posted
I'm curious to know. If you have a property that is under a mortgage, is it possible to get a hard money loan on top of the mortgage to make some renovations to the property ? I don't know if it varies with different states but I'm in Philadelphia, PA. Thank you

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,417
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

Not going to happen. Every HML I've ever known wants to be in first line position...where the mortgage is

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