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Updated 9 months ago on . Most recent reply

Olga K.'s profile image
Olga K.'s profile image
Olga K.
  • Member since Feb 23, 2023
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Olga K.'s profile image
Olga K.'s profile image
Olga K.
  • Member since Feb 23, 2023
Connect
Olga K.
5
Votes |
4
Posts
Private Lending & Conventional Mortgage Advice

Using a HELOC

Olga K.
Posted

Can someone please clarify this for me - if I take out a HELOC on my primary residence to purchase an investment property would that have to be for 100% of the cost of the investment property or can I just take out enough for a down payment? In other words, would a mortgage company have a problem with me using a HELOC towards the down payment?

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