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Updated over 3 years ago, 08/19/2021
Getting Loan Using Life Insurance Cash Value as Collateral??
Hi all,
So I am trying to finance the purchase of a residential real estate property and I am looking to use my life insurance cash value as collateral to fund the loan, purchase the property, and then refinance to pay back the cash value. Has anyone ever completed a transaction this way and any tips or things to look out for?