Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Morgtage and HELOC at same time
Does anyone know if there is any financial institution that can do a first mortgage and take out HELOC at same time.
For example, home I am interested in purchasing is priced at 330K, the appraised value is 580K, is there any bank that will let me do a first mortgage for the 330K and then pull out the difference in equity at the same time? Or a bank that has minimum wait time?