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Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Will Payne
  • Rental Property Investor
  • Lexington, KY
2
Votes |
13
Posts

How long do I need to wait to move after securing a HELOC

Will Payne
  • Rental Property Investor
  • Lexington, KY
Posted

Hello, I am considering taking out a HELOC On a residence we recently bought and renovated. When I say recently I mean within the last month. We are currently living in Louisville Kentucky but my job has the potential to take me to Lexington Kentucky. I am wondering if there is a specific time frame that you must live in a home after you take out a HELOC. If we were needing to move to Lexington would that be an issue if I first secured a HELOC? Any expertise and advice would be greatly appreciated.

Most Popular Reply

User Stats

131
Posts
129
Votes
Timothy VanWingerden
  • Real Estate Broker
  • Lexington, KY
129
Votes |
131
Posts
Timothy VanWingerden
  • Real Estate Broker
  • Lexington, KY
Replied

@Will Payne I would call a couple of lenders in your area and ask them. Feel free to send me a message and I can send over the contact info for some lenders in Lexington.

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