All Forum Posts by: Malcolm Bush

 hello, thank you for your reply. would this be considered an investment property? im her son and im living here paying the mortgage. her name is on the mortgage, but her name and my name are both on the title. im trying to pull out 100k of the equity to use for other things. no i dont have a lease i just send her the money every month and she uses it to pay the mortgage. 

My mom has one home in SC that she lives in and another home in GA in which i live inside of. she wants to get a loan from the condo in GA in which she has 150k in equity. All of the bank ive called only do helocs on residential homes and not second homes. Ive called Ped Fed, Chase, BOA, also some other credit unions. what can i do? Thanks