Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago, 02/27/2020
Can a beneficiary of a trust get a HELOC on the property?
Can anyone tell me if I as a beneficiary, can take out a HELOC on my mothers property that is in a revocable trust for me? She is the the trustee and I am the beneficiary, I have a stable job and can qualify for the HELOC, but she just started her own company this year and doesnt have the years of experience to qualify for a HELOC on her own. Also she doesnt want to be on the HELOC or loan if possible, but wants me to be able to access the money for my investments.