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Updated almost 9 years ago,

User Stats

37
Posts
3
Votes
Julia Amelyan
  • Real Estate Agent
  • Thiensville, WI
3
Votes |
37
Posts

Morgtage and HELOC at same time

Julia Amelyan
  • Real Estate Agent
  • Thiensville, WI
Posted

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?

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