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Updated about 8 years ago on . Most recent reply

User Stats

40
Posts
15
Votes
Rommel Pascual
  • Real Estate Investor
  • Vacaville, CA
15
Votes |
40
Posts

How will HELOC affects OO VA Loan after a recent refinance?

Rommel Pascual
  • Real Estate Investor
  • Vacaville, CA
Posted

I will have about $200,000 in equity after closing my refinance. I plan to apply for a HELOC and use a portion of it as a down payment/closing cost in acquiring a new home. How will applying for a HELOC right after closing a refinance as a primary home affect in getting approved for a VA loan for a new home as another primary residence?

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