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Updated over 7 years ago on . Most recent reply
Home Equity Loan and pre-qualifying for new loan at same time
We are looking at buying an investment property and are considering using some equity from our home to use as part of the down payment. If we are going to go through the pre-qualification process for the investment property would it be a problem to be trying to get the home equity loan at the same time? I dont know if or what kind of problems that could cause and am hoping for some insight. Thanks