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Updated over 3 years ago,
Quick Process for HELOC
Hi BP community. My grandfather is giving one of his properties, which is free and clear of any mortgage or liens. I plan to possibly rent the property and take out an HELOC on the property. I want to do this ASAP once the property is in my name and not have to wait 60 or 90 days.
Can anyone suggest any possible lenders which I can do a HELOC or even cash out refi as soon as the property is in my name?
Also, the property is located in Phila. PA.
Thank you for your time and best of luck to everyone!!