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Updated over 8 years ago,

User Stats

39
Posts
6
Votes
Anton De Vries
  • Wilmington, NC
6
Votes |
39
Posts

Quick claim deed

Anton De Vries
  • Wilmington, NC
Posted
I have a question about a house I've recently acquired. The house was given to me by my father, there is still a mortgage on it that I am paying. We've done a quick claim deed to secure my interest in the home. My question is, seeing I have the quick claim deed would I be eligible to get a rehab loan from a bank in my name, using the property as collateral? At this point I am unsure if I want to keep the house or sell it after its renovated. But I want to keep my options open that's why I don't want to use private or hard money lenders.Thanks for the help.

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